Which of the following is NOT an assumption on which the economic order quantity (EOQ) is based?
A) Demand is relatively constant and known.
B) Order preparation costs, inventory carrying costs and lead times are constant and known.
C) The item is produced continuously.
D) Replacement occurs all at once.
E) All of the above are true assumptions.
C
You might also like to view...
Which fungicide travels up and down in a plant?
A) captan B) fosetyl-al C) ?maneb D) quintozene
To preserve its quality during long-term storage, butter should be:
A) Stored at room temperature to preserve its texture and spreadability. B) Stored in bulk at temperatures below -20°F. C) Kept in hydrated containers at a temperature of 50°F. D) Stored at temperatures just above freezing because its quality is ruined when fro.
What did Deming mean when he spoke of the "hope for instant pudding"?
What will be an ideal response?
A driver may be put out of service immediately by law enforcement officers for all of the following EXCEPT:
A. pulling onto scales without a permit B. an hours-of-service violation C. a vehicle that is likely to be involved in an accident or a breakdown D. leaking hazardous materials