Which of the following is a difference between the EOQ and the EPQ models?
a. In the EOQ model, additional inventory is received all at once, but not in the EPQ model.
b. In the EOQ model, there are quantity discounts available, but not in the EPQ model.
c. In the EOQ model, lead time is known, but not in the EPQ model.
d. In the EOQ model, shortages are allowed, but not in the EPQ model.
a. In the EOQ model, additional inventory is received all at once, but not in the EPQ model.
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