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  • James

    Member
    July 4, 2025 at 10:42 am in reply to: Week 1 July 2025 Assignment

    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

  • James

    Member
    July 4, 2025 at 10:00 am in reply to: Week 1 July 2025 Assignment

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