In a periodic review system, if you are basing your time between orders on the EOQ, what should be its length in weeks?
a) EOQ / 52
b) EOQ / average weekly demand
c) average weekly demand / EOQ
d) 52 / EOQ
e) (EOQ)(average weekly demand)
Answer: B
Marketing MCQ
a) EOQ / 52
b) EOQ / average weekly demand
c) average weekly demand / EOQ
d) 52 / EOQ
e) (EOQ)(average weekly demand)
Answer: B