The basic Economic Order Quantity (EOQ) model can be considered a special case o

Question

The basic Economic Order Quantity (EOQ) model can be considered a special case of the Economic Production Quantity (EPQ) model under which of the following condition? Answer The demand per day is greater than production per day. The production rate per day approaches 0. The production rate per day approaches infinity. The back order cost approaches infinity. d/p = 1, where d is the demand per day and p Is the production per day. The basic Economic Order Quantity (EOQ) model can be considered a special case of the Economic Production Quantity (EPQ) model under which of the following condition? The basic Economic Order Quantity (EOQ) model can be considered a special case of the Economic Production Quantity (EPQ) model under which of the following condition? The demand per day is greater than production per day. The production rate per day approaches 0. The production rate per day approaches infinity. The back order cost approaches infinity. d/p = 1, where d is the demand per day and p Is the production per day. The demand per day is greater than production per day. The production rate per day approaches 0. The production rate per day approaches infinity. The back order cost approaches infinity. d/p = 1, where d is the demand per day and p Is the production per day.

Explanation / Answer

The demand per day is greater than production per day.

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