Author Question: Choose the following assumptions that cannot be considered a classic EOQ assumption. (1). Constant ... (Read 45 times)

lidoalex · **on:** Aug 1, 2018

Choose the following assumptions that cannot be considered a classic EOQ assumption. (1). Constant lead time (2). Instantaneous replenishment (3). No quantity discounts available (4). Fixed holding cost per unit
a. (1) c. (2) and (4)
b. (2) and (3) d. None of the above

Question 2

One of the most useful applications of business statistics involves comparing two samples to examine whether a difference between them is significant or more likely due to chance variation from one sample to the next.
Indicate whether the statement is true or false