The EOQ formula has been criticized in a number of areas. Which of the following is not an area of common criticism?
Submitted by: Administrator1. The assumptions included in the models
2. Small errors in estimating will not result in a significant deviation from the EOQ
3. The real costs of stock in operations
4. The use of the models as prescriptive devices
Small errors in estimating will not result in a significant deviation from the EOQ
Submitted by: Administrator
2. Small errors in estimating will not result in a significant deviation from the EOQ
3. The real costs of stock in operations
4. The use of the models as prescriptive devices
Small errors in estimating will not result in a significant deviation from the EOQ
Submitted by: Administrator
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