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 protected group category, To be considered lawful, a voluntary affi...

To be considered lawful, a voluntary affirmative action plan must meet all of the following criteria except: a. it must be permanent b. It must exist to eliminate past imbalances b

What are the classified different stock items, What are the classified diff...

What are the classified different stock items? The ABC system of inventory management Various stock items are classified as like: a. High value (A) b. Medium value (B

Disadvantages of observation methods, Disadvantages of Observation Methods:...

Disadvantages of Observation Methods: According to bailey the disadvantages in observation technique are: 1. Lack of Control: In artificial setting control over variable sis

Explain after a risk workshop has been completed, After a risk workshop has...

After a risk workshop has been completed, risk interviews are often completed with subject matter experts. Assess the value of the interviews to identify risk response strategies.

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 imagine an athletic facility such as sawhill, 3. Imagine an athleti...

3. Imagine an athletic facility such as Sawhill. What strategies would you suggest for creating an open environment? Sawhill Athletic Club was an athletic facility in suburban S

Why university refused to pay the card charges on the ground, Type your The...

Type your The University of North is the major state university. The University was preparing for its upcoming re-accreditation, so the University board set aside extra funds to ma

Explain what is the capacity of the factory, Hickory Manufacturing Company ...

Hickory Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. Year 1 2 3 4 5 Forecast demand 60 79 81 84 84 Currently

Mis, Discuss three (3) major challenges that typically users face in buildi...

Discuss three (3) major challenges that typically users face in building and/or using information systems AND elaborate the ways to overcome those challenges

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