- 1 Marks
MI – May 2017 – L1 – SA – Q2 – Decision-Making Techniques
Identify the factor not considered in EOQ calculations.
Question
Economic Order Quantity is a quantity of materials and components to be ordered which takes into account the optimum combination of all the following EXCEPT:
A. Stockholding costs
B. Amount of costs tied up in inventory
C. Order delivery time
D. Cost of processing the order
E. Consumption rate
Find Related Questions by Tags, levels, etc.
- Tags: EOQ, Inventory Management, Stock Costs
- Level: Level 1
- Topic: Decision-making techniques
- Series: MAY 2017
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