What Is an Assumption of the Economic Order Quantity Model

question 24

Multiple Choice

What is an assumption of the economic order quantity model?

• A)instantaneous delivery of orders.
• B)demand is constant over the planning period.
• C)constant carrying and ordering costs.
• D)all of the above.

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Definitions:

Organizational Culture

A compilation of joint attitudes, objectives, practices, and values that embodies an institution or organization.

Ethical Behavior

Acting in ways consistent with societal standards of right and wrong.

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc., in a community or organization.

Stakeholder Ethics

Principles and guidelines that govern the interactions and responsibilities of individuals or organizations towards those who have an interest or stake in a project, outcome, or business.