Find the cycle time in basic economic order quantity

Reference no: EM13113838

Quantity discounts reduce the unit price. Inventory costs are always reduced by opting for a quantity discount.
Select one:

True
False

In the basic economic order quantity (EOQ) model, if monthly demand is a constant 430 units, the order quantity is 144 (12 dozen), and the firm operates during fifty five-day weeks a year, the cycle time will be approximately:

Select one:

a. cannot be determined with the data provided.
b. 84 working days
c. 7 calendar days
d. 7 working days

Reference no: EM13113838

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Find the cycle time in basic economic order quantity : In the basic economic order quantity (EOQ) model, if monthly demand is a constant 430 units, the order quantity is 144 (12 dozen), and the firm operates during fifty five-day weeks a year, the cycle time will be approximately?

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