What are the assumptions of the EOQ model?
What will be an ideal response?
1. Demand for an item is known, reasonably constant, and independent of decisions for other items. 2. Lead time—that is, the time between placement and receipt of the order—is known and consistent. 3 . Receipt of inventory is instantaneous and complete. 4. Quantity discounts are not possible. 5. The only variable costs are the cost of setting up or placing an order and the cost of holding or storing inventory over time. 6. Stockouts (shortages) can be completely avoided if orders are placed at the right time.
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According to research, each of the following work behaviors is considered important in all jobs EXCEPT ________
A) attendance B) experience C) schedule flexibility D) industriousness
The adjustment for unrealized gains and losses reported through other comprehensive income does not have any cash flow effects
Indicate whether the statement is true or false.