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Which of the following statements is true of the economic-order-quantity decision model? a. It assumes purchasing costs are relevant because the cost per unit changes
Which of the following statements is true of the economic-order-quantity decision model?
a. | It assumes purchasing costs are relevant because the cost per unit changes due to the quantity ordered. | |
b. | It assumes that ordering costs and carrying costs are irrelevant. | |
c. | It assumes that stockout costs are relevant even if no stockouts occur. | |
d. | Demand, ordering costs, and carrying costs are all known with certainty. | |
e. | None of the answers. |
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