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 non-web-based international expansion strategies, Why is it that sm...

Why is it that small businesses are at a disadvantage as they pursue non-Web-based international expansion strategies?

Explain customer service and stress management, Utilizing the formula for w...

Utilizing the formula for writing training objective, write a training objectives for the following: Please include all 3 of the elements components. Please Management, Customer Se

Strategies for improving productivity, Strategies for Improving Productivit...

Strategies for Improving Productivity Attempts to improve the productivity of an organisation require the manager to become involved in the management of change. Without the a

Describe alleged willful and serious violations, Industrial laundry's failu...

Industrial laundry's failure to protect workers against fall hazards has prompted $70,200 in proposed fines from the U.S. Labor Department's Occupational Safety and Health Administ

Describe the optimal order size, A retail outlet has its own production fac...

A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth. The ca

Explain why do some people gravitate toward management jobs, Why do some pe...

Why do some people gravitate toward management jobs as opposed to technical, labour jobs etc.?

What is objective function, FestiveMeadow3308 Baseballs (z1) requires 3 ...

FestiveMeadow3308 Baseballs (z1) requires 3 minutes/unit for cutting and 2 minutes/unit for glueing. Basketballs (z2) requires 2 minutes/unit for cutting and 4 minutes/unit for

Difference among purchasing and supply management, What is the difference b...

What is the difference between purchasing and supply management?

Which selection criteria do you think would be most valuable, Which selecti...

Which selection criteria (personal interview, employment test, assessment center) do you think would be most valuable for predicting effective job performance for a college profess

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