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

Line Balancing, #What do you understand by “line balancing”? What happens i...

#What do you understand by “line balancing”? What happens if balance doesn’t exist?uestion..

Performance prism - performance and productivity measures, Performance Pris...

Performance Prism - Performance and Productivity Measures Neely and Adams (2000) argue that in their recent research managers and academics highlight the need for a fresh pers

Explain the implications from an operations design, Question: Large ret...

Question: Large retailers, in general, tend to move from a business model characterised by a fragmented network of many small-to-medium scale retail operations located in city

Trigger changes in aspects of practice, What is a critique? Simply stated, ...

What is a critique? Simply stated, a critique is a critical analysis undertaken for some purpose. Nurses critique research for three main reasons: to improve their practice, to bro

How several more hours of overtime would each worker, Games4U makes video g...

Games4U makes video games on CDs at its Old Town plant. The plant produces 800 games each day, and employs 100 workers that work 8 hours each day. They use the following resources

Tree diagram of activity sampling, Tree Diagram of Activity Sampling A...

Tree Diagram of Activity Sampling Activity sampling is not restricted to the binary condition (working/not working); if the sample is large, additional useful information may

Make scope statement for this project that contains examples, You are in ch...

You are in charge of organizing a dinner-dance concert for a local charity. You have reserved a hall that will seat 40 couples and have hired a jazz combo. Develop a  of all the

Molecular response to thyroid hormones, Molecular Response to Thyroid Hormo...

Molecular Response to Thyroid Hormones during Metamorphosis Thyroid hormones can cause obtainable tissues to break down or can remold the tissues to their adult function. The

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