Which If the Following Is NOT Seen as an Advantage

question 4

Multiple Choice

Which if the following is NOT seen as an advantage of the EOQ and EBQ models?

• A) The models give an indication of the batch size for each order.
• B) The cost of stock is accurately incorporated in the models.
• C) Small errors will not significantly affect the total cost of near optimum order quantity.
• D) The models give a useful indication of how often to order.

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Definitions:

Interposition

A visual cue in which one object partially covers another, leading to the perception of depth and order in visual space.

Parapsychology

The study of paranormal phenomena, including ESP and psychokinesis.

Psychokinesis

The claimed ability to move or manipulate objects with the mind without physical interaction.

ESP

Extrasensory perception, the ability to gain information about an object, person, location, or physical event through means other than the known human senses.