Inventory planning and control Question:
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The EOQ formula has been criticized in a number of areas. Which of the following is not an area of common criticism?

Answers:

Answer #1
1. 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

Answer #2
2

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