Explain the basic economic order quantity, Operation Management

Assignment Help:

The basic Economic Order Quantity (EOQ) model can be considered a special case of the Economic Production Quantity (EPQ) model under which of the following condition?
Answer

The demand per day is greater than production per day.

The production rate per day approaches 0.

The production rate per day approaches infinity.

The back order cost approaches infinity.

d/p = 1, where d is the demand per day and p Is the production per day.

Related Discussions:- Explain the basic economic order quantity

Describe meeting at wagoneer''s headquarters, Tobin is an independent contr...

Tobin is an independent contractor for Wagoneer, Inc. While driving to a meeting at Wagoneer's headquarters, Tobin is texting his supervisor at Wagoneer. As a result of his inatten

Explain the defined retirement plan, 1. Why would the government not tax us...

1. Why would the government not tax us for the Employee Benefits we receive? 2. As a percent of payroll, how much does employer pay for Employee Benefits? 3. Explain the defe

Operation research, linear simplex methode

linear simplex methode

Explain capacity is the maximum rate of output of a process, 1. Capacity is...

1. Capacity is the maximum rate of output of a process. 2. Capacity decisions should be made separate from strategic decisions. 3. Capacity can be expressed by output or inpu

Introduction of operation management, Operations management is the manageme...

Operations management is the management of the productive resources of the firm which includes raw materials, human resources, land, equipment and facilities in the manufacture of

Explain how much water can be transported per hour, The network in figure b...

The network in figure below shows the pipeline transportation system for treated water from the treatment plant to a city water supply system. The arc capacities represent millions

Explain optimal number of bookcases are produced, Question: S&V Industries ...

Question: S&V Industries manufactures book cases. Different sizes of cases are kept in inventory. The company has 80 man-hours and 36 pounds of wood available each day. 2 pounds of

By whom dual factor theory was propose, By whom Dual factor theory was prop...

By whom Dual factor theory was propose? Dual factor theory has been proposed by Herzberg.

Explain service department managers expectations, Service department manage...

Service department managers expectations

Explain which if any of the resources are over allocated, 1. Which if any o...

1. Which if any of the resources are over allocated? 2. Assume that the project is time constrained and try to resolve any over allocation problems by levelling slack. What happ

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages