When using the simple eoq model to determine optimal order, Operation Management

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When using the simple eoq model to determine optimal order

1. When using the simple EOQ model to determine optimal order quantity, which of the following is true?

A. Order quantity increases as order cost per order decreases

B. Order quantity decreases as order cost per order increases

C. Order quantity increases as holding cost per unit per year decreases

D. Order quantity decreases as holding cost per unit per year decreases

2. When trying to reduce the bullwhip effect, which of the following will not reduce the problem?

A. Increase visibility

B. Increase information flows

C. Increase transportation time between retailer and distributor

D. Remove the distributor or wholesaler from the supply chain

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Operation Management: When using the simple eoq model to determine optimal order

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Operation Management: When using the simple eoq model to determine optimal order

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