How can the EPQ model be economically reconciled with just-in-time (JIT) production?

How can the EPQ model be economically reconciled with just-in-time (JIT) production?



a) Reduce annual demand (D).

b) Increase annual holding cost per unit (H).

c) Decrease ordering cost (S).

d) Increase annual holding cost per unit (H) and Decrease ordering cost (S).

e) The two cannot be reconciled.



Answer: C


Learn More :