Underlying assumption of the EOQ model. Following are the underlying assumptions for the EOQ model. Without these assumptions, the EOQ model cannot ... www.readyratios.com |
[edit]. The ordering cost is constant. The rate of demand is known, and spread evenly throughout the year. The lead time ... en.wikipedia.org |
EOQ is one of the most common known inventory control technique. This technique involves some assumptions: 1. demand is known and constant. 2. the lead ... wiki.answers.com |