Question: In the EOQ model with constant demand rate and fixed-duration lead time, if the order lead time increases (while everything else stays the same), the
In the EOQ model with constant demand rate and fixed-duration lead time, if the order lead time increases (while everything else stays the same), the firm needs to hold ______ inventory on average in order to avoid a stockout.
Question 24 options:
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| more |
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| the same amount of |
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| less |
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