Author Question: In the EOQ with uncertain demand model P() is ________. a.the probability that a stockout will ... (Read 47 times)

shenderson6 · **on:** Aug 1, 2018

In the EOQ with uncertain demand model P(

) is ________.
a.the probability that a stockout will occur during a lead time.
b.the order quantity for the case without back-orders.
c.the probability that a stockout will not occur during a lead time.
d.the order quantity for the back-ordered case.

Question 2

Which is NOT an EOQ policy?
a.(s,S)
b.(R,S)
c.(r,q)
d.(r,R)