Question: The difference(s) between the basic EOQ model and the production order quantity model is(are) that: a) the production order quantity model does not require the
The difference(s) between the basic EOQ model and the production order quantity model is(are) that:
a) the production order quantity model does not require the assumption of known, constant demand.
b) the EOQ model does not require the assumption of negligible lead time.
c) the production order quantity model does not require the assumption of instantaneous delivery.
d) all of the above.
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