Which of the following is NOT an assumption of the EOQ model? a. It is possible to

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Which of the following is NOT an assumption of the EOQ model? 

a. It is possible to receive a purchase discount if the order quantity is sufficiently large. 

b. There is a fixed cost to submit each order that is independent of the amount ordered. 

c. Demand occurs at a constant rate per unit of time. 

d. There is a cost to hold each unit of inventory per unit of time.

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Operations Management

ISBN: 9781260547610

2nd International Edition

Authors: Gerard Cachon, Christian Terwiesch

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