Question: Which statement is consistent with the basic EOQ planned shortages model? Multiple Choice Back order cost is not included if the order is filled within

Which statement is consistent with the basic EOQ planned shortages model?

Multiple Choice

  • Back order cost is not included if the order is filled within a specified time period.

  • Holding cost is not included in the total cost as there is zero inventory.

  • This model intentionally allows shortages.

  • Ordering cost is not included as it is understood that a replenishment will take place based on the shortage.

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