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Author Question: In the basic EOQ model, if the cost of placing an order doubles, and all other values remain ... (Read 17 times)

jenna1

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Question 1

Most inventory models attempt to minimize
◦ the number of items ordered.
◦ the likelihood of a stockout.
◦ the number of orders placed.
◦ total inventory based costs.
◦ the safety stock.

Question 2

In the basic EOQ model, if the cost of placing an order doubles, and all other values remain constant, the EOQ will
◦ increase, but more data is needed to say by how much.
◦ increase by 100%.
◦ increase by 200%.
◦ either increase or decrease.
◦ increase by about 41%.


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Marked as best answer by jenna1 on Dec 3, 2019

b614102004

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jenna1

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Reply 2 on: Dec 3, 2019
Thanks for the timely response, appreciate it


steff9894

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Reply 3 on: Yesterday
:D TYSM

 

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