Question: The EOQ model is a) not very useful in practice since the assumptions are unrealistic b) finds the optimal safety stock c) is quite useful,

The EOQ model is
a) not very useful in practice since the assumptions are
unrealistic
b) finds the optimal safety stock
c) is quite useful, due to the fact that the optimum is quite flat
d) depending on the standard deviation of the demand
e) has an impact of the re-order-point

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