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takemeaway takemeaway
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7 years ago
Even though the economic order quantity (EOQ) is optimal only when five assumptions are satisfied, it serves as a reasonable first approximation even when these assumptions do not quite apply. Which one of the following is not an assumption of the EOQ?
A) Decisions for one item can be made independently of decisions made for other items.
B) Quantity discounts can be taken advantage of for large lot sizes.
C) The amount of an order received is exactly equal to what was ordered, without any "short shipments" from a supplier or scrap losses in the shop.
D) There is no uncertainty in lead-time.
Textbook 
Operations Management: Processes and Supply Chains

Operations Management: Processes and Supply Chains


Edition: 11th
Authors:
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DreaminDreamin
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7 years ago
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takemeaway Author
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7 years ago
Another one bites the dust!

Thanks for you help
wrote...
7 years ago
I took this business course last semester, happy to help
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