Why do the basic EOQ model variations not include the price of an item? In the production quantity EOQ model, what would be the effect of the production rate becoming increasingly large as the demand...

Why do the basic EOQ model variations not include the price of an item? In the production quantity EOQ model, what would be the effect of the production rate becoming increasingly large as the demand rate became increasingly small, until the ratio
d/p
was negligible?



May 26, 2022
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