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Which of the following is an assumption of the economic order quantity model shown below? Q* = Demand is unknown, constant, and dependent. Quantity discounts
Which of the following is an assumption of the economic order quantity model shown below? Q* =
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Demand is unknown, constant, and dependent.
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Quantity discounts are accounted.
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The only variable costs are setup cost and cost of over ordering.
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Production and use can occur simultaneously.
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Lead time is known and consistent.
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