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

Explain principles for determining product mix, The senior management at Ca...

The senior management at Canine Kernels Company CKC is concerned with the existing capacity limitations so they want to accept the mix of orders that maximizes the company's profit

Explain equality of means of multiple populations, Which of the following t...

Which of the following tools is most useful for viewing the the equality of means of multiple populations? Affinity diagram Cause-and-effect diagram ANOVA Fishbone diag

Why health care cost are out of control in the united states, Discuss the f...

Discuss the following statement: "Health care cost are out of control in the United States, and increasing conflicts between employers and employees are likely as employers try to

Explain motivation, Explain Motivation. The factors leading mainly towa...

Explain Motivation. The factors leading mainly towards motivation are :- (i) Achievement - Personal satisfaction in job completion and problem solving. (ii) Advancement -

Describe the advantages of the various methods of data, Describe the advant...

Describe the advantages and disadvantages of the various methods of data collection.

Explain how cpm handle the trade-offs between time and cost, Giving example...

Giving examples, how does CPM handle the trade-offs between time and cost in the scheduling of a project.

Types of process technologies - assembly lines, Types of Process Technologi...

Types of Process Technologies - Assembly lines It was developed in the automobiles industry in U .S. A. Her two or more components are combined to manufacture a finished produ

Explain benefits of free international trade, What are the benefits and dis...

What are the benefits and disadvantages of free international trade for the United States? Examples would be helpful also.

Explain agreement by union and management, How does the threat of a strike ...

How does the threat of a strike (or actual strike) affect the negotiating process and its tendency to bring about conditions necessary for agreement by union and management?

Explain implementation of a transnational strategy, What do you see as the ...

What do you see as the main organizational problems that are likely to be associated with implementation of a transnational strategy? Explain

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd