Which of the following is NOT an assumption of the economicorder quantity model shown below? Quantity discounts
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Question:
Which of the following is NOT an assumption of the economicorder quantity model shown below?
Quantity discounts are not possible
. Production and use can occur simultaneously.
Lead time is known and constant.
Demand is known, constant, and independent.
The only variable costs are setup cost and holding (or carrying)cost.
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