Question: The economic order quantity ( EOQ ) calculation is made using the following formula. EOQ = Q = 2 S R a n n u

The economic order quantity (EOQ) calculation is made using the following formula.
EOQ=Q=2SRannualH2
where H=(h+r)C and h= physical holding cost rate and r= cost of money and C= cost to purchase item.
In the Customer Responsiveness simulation (a.k.a. Miyaoka or Lead Time) what is "r"?
0%
5%
10%
20%
 The economic order quantity (EOQ) calculation is made using the following

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!