[Answered] The EOQ model with back orders allowed contains three costs to minimize. The costs are: a.holding, ...

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Author Question: The EOQ model with back orders allowed contains three costs to minimize. The costs are: a.holding, ... (Read 56 times)

joe

Hero Member
Posts: 627

on: Aug 1, 2018

The EOQ model with back orders allowed contains three costs to minimize. The costs are:
a.holding, shortage, and hire.
b.holding, shortage, and order.
c.holding, hire, and order.
d.hire, shortage, and order.

Question 2

The continuous rate EOQ approaches the EOQ as:
a.r increases.
b.K decreases.
c.K increases.
d.r decreases.

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Marked as best answer by a Subject Expert

robbielu01

Sr. Member
Posts: 336

Reply #1 on: Aug 1, 2018

Answer to Question 1

correct: b

Answer to Question 2

correct: a

joe

Member
Posts: 627

Reply 2 on: Aug 1, 2018

TYSM

kilada

Member
Posts: 311

Reply 3 on: Yesterday

Excellent

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