When Do EOQ's Square Root Models Indicate the Use of JIT

question 31

Essay

When do EOQ's square root models indicate the use of JIT? Discuss the conditions.

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Definitions:

Ratio Schedule

A pattern of delivering reinforcements only after a certain number of responses.

Number of Responses

In psychology, this refers to the total count of reactions or replies to a given stimulus or situation.

Conditioned Reinforcer

A stimulus that gains its reinforcing power through its association with a primary reinforcer and is used to modify behavior.

VR 20 Schedule

VR 20 Schedule, or Variable Ratio 20 Schedule, is a reinforcement schedule in which a response is rewarded after an unpredictable number of responses, on average every 20th response.