The difTerence(s) between the basic EOQ model and the production order quantity model is( are) that:a) the production order quantity model does not require the assumption of known, constant demand.b) the EOQ model does not require the assumption of negligible lead time.c) the production order quantity model does not require the assumption of instantaneous delivery.d) all of the above.

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter1: Introducing The Economic Way Of Thinking
Section: Chapter Questions
Problem 18SQ
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The difTerence(s) between the basic EOQ model and the production order quantity model is( are) that:
a) the production order quantity model does not require the assumption of known, constant demand.
b) the EOQ model does not require the assumption of negligible lead time.
c) the production order quantity model does not require the assumption of instantaneous delivery.
d) all of the above.
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