Which of the Following Is NOT an Assumption of the Economic

question 36

Multiple Choice

Which of the following is NOT an assumption of the economic order quantity (EOQ) model?

• A) Demand is known, constant, and independent.
• B) Lead time is known and constant.
• C) Quantity discounts are not possible.
• D) Production and use occur simultaneously.
• E) The only variable costs are setup cost and holding cost.

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Definitions:

Safety Behaviors

Actions taken by employees to prevent accidents, injuries, and other harmful incidents in the workplace.

Safety Goals

Objectives set by an organization or individual to minimize risks and prevent accidents, injuries, or harm in a workplace or operational environment.

Shift Work

A work schedule involving rotations among different times of the day or night, typically used to cover 24-hour operational periods.

Just-In-Time Delivery

A supply chain management strategy that aligns raw-material orders from suppliers directly with production schedules.