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

Objectionable about psychological tests preemployment screen, Utilitarians ...

Utilitarians would not find anything inherently objectionable about psychological tests as long as the interests of all parties were taken into account and given equal consideratio

Causes of poor lighting, 1. Flickering tubes: This condition which may b...

1. Flickering tubes: This condition which may be due to defective conditions or by tube which has reached its working life, creates eyestrain. 2. A. Misadjusted Refle

Explain line and staff organisation, Explain Line and Staff Organisation. ...

Explain Line and Staff Organisation. Line and Staff Organisation: When the industry grew in size and complicated, the line executives could not perform appropriately all othe

Explain the variable cost to produce each unit, Assume a fixed cost for a p...

Assume a fixed cost for a process of $120,000. The variable cost to produce each unit of product is $35, and the selling price for the finished product is $50. Which of the followi

Explain the fit for gbi of this particular for-profit avenue, Discuss the f...

Discuss the fit for GBI of this particular for-profit avenue Eileen o'brien has chosen?

Explain design-oriented hazards, A comprehensive safety assessment report c...

A comprehensive safety assessment report contains both testing and hazard analysis. What types of safety testing would be performed on commercial aircraft to identify any design-o

Define how a researcher goes about determining sample size, Discuss how a r...

Discuss how a researcher goes about determining sample size. Provide specific examples to support your ideas

Explain creating a constant flow of new products, Explain creating a consta...

Explain creating a constant flow of new products or continually updating and improving the current product line: Within a product planning activity, this is clear that b

Facility layout, critic facility layout of an organisation

critic facility layout of an organisation

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