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James replied to the discussion Week 1 July 2025 Assignment in the forum AMA CLASS MAY AUGUST 2025 5 months ago
Answers
1.
Assumptions of EOQ.
(1) There is no lead time
(2) There is no quantity discount
(3) The rate of demand is known
(4) There will be no opening and closing stock
(5) The holding and ordering cost are controllable - Load More