Which of the Following Is an Advantage of Using the EOQ

question 59

Multiple Choice

Which of the following is an advantage of using the EOQ model?

• A) helps managers make decisions about when and how much of a product to order
• B) improving productivity and quality by reducing labor and equipment time
• C) provides information about which inventory items require the most attention
• D) increasing customer satisfaction by decreasing the time required to make and deliver the product or service

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Definitions:

Activation Energy

Minimum amount of energy required to start a reaction.

Reactant Molecules

Substances that take part in a chemical reaction and are consumed to form products.

Transition State

A high-energy state during a chemical reaction where reactants are converted to products, representing a point of maximum energy along the reaction pathway.

Free Energy

A thermodynamic quantity that represents the amount of energy in a system that is available to do work at constant temperature and pressure.