Question: which one is incorrect about inventory model? When demand is independent it is not related to demand for other components or items produced by the

which one is incorrect about inventory model?
When demand is independent it is not related to demand for other components or items produced by the firm
the time between placing orders is the lead time
in the EOQ model if the average inventory during each cycle is 1/2Q the average inventory over any number of cycles is Q/2
constant demand is a key assumption of the EOQ model

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