a. List the major assumptions of the EOQ model. b. How would you respond to the criticism

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a. List the major assumptions of the EOQ model.
b. How would you respond to the criticism that EOQ models tend to provide misleading results because values of D, S, and H are, at best, educated guesses?

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Operations Management

ISBN: 978-0078024108

12th edition

Authors: William J Stevenson

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Question Posted: Dec 30, 2014 07:01 AM

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a. List the major assumptions of the EOQ model. b. How would you respond to the criticism

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a The major assumptions of the EOQ model include 1 Only one product is ...View the full answer

Operations Management

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