question archive In the quantity discount model, with carrying cost stated as a percentage of unit purchase price, in order for the EOQ of the lowest curve to be optimum, it must: a
In the quantity discount model, with carrying cost stated as a percentage of unit purchase price, in order for the EOQ of the lowest curve to be optimum, it must: a
Subject:Operations ManagementPrice:2.87 Bought7
In the quantity discount model, with carrying cost stated as a percentage of unit purchase price, in order for the EOQ of the lowest curve to be optimum, it must:
a. have the largest quantity compared to other EOQ's
b. be to the left of the price break quantity for that price
c. be in a feasible range
d. have the lowest ordering cost
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Answer:
C. Be in a feasible range
A feasible range determines the range between the quantity brackets, whereby, the EOQ can either be between the upper and the lower bracket or when it is above or below, it is selected accordingly.
