How is the quantity discount model related to the EOQ model?

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Principles of Supply Chain Management A Balanced Approach

ISBN: 978-1337406499

5th edition

Authors: Joel D. Wisner, Keah Choon Tan, G. Keong Leong

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Question Posted: Oct 02, 2018 01:41 PM

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Explain why it is not necessary to include product cost (price or price times quantity) in the EOQ model, but the quantity discount model requires this information.
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How is the quantity discount model related to the EOQ model?

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Principles of Supply Chain Management A Balanced Approach

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