Simple EOQ Model (cont.)
{"Image DocumentName": "Simple EOQ Model (cont.)", "Image ImageDescription": "Assumptions (cont.): 4. Order quantity is fixed at a value Q per cycle. (we will find this as an optimal value) 5. Cost structure: a) includes fixed and marginal order costs (K + cx) b) includes holding cost at h per unit held per unit time.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}