Question: in the EOQ model by changing the parameters even in great levels little change is observed in the total cost. This phenomenon is stated in

in the EOQ model by changing the parameters even in great levels little change is observed in the total cost. This phenomenon is stated in which one of the following?

EOQ model uses independent demand

EOQ model assumes demand is known

EOQ model is robust

EOQ model is simple

EOQ model does not allow quanitity discounts

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