Question: The EOQ model is called robust because Group of answer choices it was developed in 1 9 1 5 and is still used today. the

The EOQ model is called robust because
Group of answer choices
it was developed in 1915 and is still used today.
the square root in the formula dampens the effect of errors in demand and cost estimations.
it can be used for any type of product or material.
the EOQ is at the intersection of the holding cost and ordering cost.

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