Question: In developing the standard economic order quantity formula, which assumption is made? Question 3 9 options: Demand for the item is subject to only random
In developing the standard economic order quantity formula, which assumption is made?
Question options:
Demand for the item is subject to only random variation.
Replacement occurs all at once.
Ordering and carrying costs are subject to normal market variation.
Replenishment is in split lots.
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