Question: Question 3: When quantity discounts are offered, why is it not necessary to check discount points that are below the EOQ or points above the
Question 3: When quantity discounts are offered, why is it not necessary to check discount points that are below the EOQ or points above the that are not discount points?
Question 4: It was discussed in this chapter that the Basic Fixed Order Quantity model is "robust". (a) Explain what that means. (b) What would you tell a rookie Operations Manager who tells you that your calculated EOQ is wrong because the actual demand is 5% greater than estimated?
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