General Studies · Industrial Engineering and Operations Research
Which of the following is NOT an assumption made in calculating the Economic Order Quantity (EOQ) in the basic inventory model?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Lead time is constant and known.
- 2Delivery and replenishment of all items are instantaneous.
- 3Demand is known and continuous.
- 4Material cannot be supplied in fixed batches or constant quantities.✓
Correct answer
Material cannot be supplied in fixed batches or constant quantities.
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