Economics · Inventory Management
Which of the following assumptions are necessary for the application of the Economic Order Quantity (EOQ) model? A) Demand is known and remains constant over time. B) Lead time (time between placing an order and receiving it) remains constant. C) Ordering cost per order and holding cost per unit per annum are known and remain constant. D) The order quantity is received in parts and not all together. E) Unit cost of the item changes with the quantity ordered.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A, C, and E
- 2A, B, and D
- 3C, D, and E
- 4A, B, and C✓
Correct answer
A, B, and C
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Inventory Management MCQs →Want more practice questions on Inventory Management?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Inventory Management