Let the annual demand for an arbitrary commodity be 1,000 units per year and the associated EOQ

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Let the annual demand for an arbitrary commodity be 1,000 units per year and the associated EOQ be 400 units per order. Under this circumstance the number of orders per year would be (D / Q) = 2.5 orders per year. How can this be so?

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Quantitative Analysis for Management

ISBN: 978-0133507331

12th edition

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha

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Question Posted: May 16, 2014 09:21 AM

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Let the annual demand for an arbitrary commodity be 1,000 units per year and the associated EOQ

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The calculated number of orders per year D Q can be a fraction This simply means that on the aver...View the full answer

Quantitative Analysis for Management

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