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 procedure of job evaluation, Explain procedure of job evaluation. ...

Explain procedure of job evaluation. Procedure of Job Evaluation:   The procedure for job evaluation is as specified below: (i)  Know the jobs to evaluate. (ii) Selec

Explain original linear programming problem, Create your own original Linea...

Create your own original Linear Programming problem with a minimum of two variables and two constraints. Your problem should be presented in paragraph form and reflected in a LP eq

Implementation of the quality planning and control activity, Question : ...

Question : (a) Discuss the various stages involved in the development and implementation of the quality planning and control activity. (b) Checking should be carried out at

What skills will you require to work effectively, What skills will you need...

What skills will you need to work effectively in a strategic alliance organizations?

Simulation problem, neater eater hamburger joints frequency distribution op...

neater eater hamburger joints frequency distribution operation research problem

Explain the role of the hrm professional, How do these policies and practic...

How do these policies and practices align with Apple, Inc.'s legal compliance standards? If alignment is not present, how does this affect the role of the HRM prof

Explain monitor and report project progress, How can the project baseline a...

How can the project baseline and the earned value approach for variance analysis be used to monitor and report project progress?

Explain a plan of viable business options for family fabrics, Case 1: You a...

Case 1: You are a consultant for a Fabric company that burned down, this company was the only source of income for many of the town people they all worked there, as a consultant to

Poms-Exercise 01 Decision Tree for Capacity Planning, Ask Poms-Exercise 01 ...

Ask Poms-Exercise 01 Decision Tree for Capacity Planning Expando, Inc. is considering the possibility of building an additional factory that wouldproduce a new addition to its prod

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