Which of the Following Is Not an Underlying Assumption of the EOQ

question 145

Multiple Choice

Which of the following is not an underlying assumption of the EOQ?

• A) uniform demand
• B) constant unit price
• C) variable carrying cost
• D) instantaneous delivery

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Definitions:

Partners

Individuals or entities that share ownership and responsibilities in a business or venture.

Regulatory Control

The oversight and enforcement of rules and regulations by a governing body to ensure adherence to lawful standards and protect public interests.

Sole Proprietor

The single owner of an unincorporated business, personally responsible for all debts and obligations of the business.

Good Will

The favorable reputation of a business that adds to its value, often considered an intangible asset.