Inventory Models MCQs

1. Which inventory model aims to determine the optimal order quantity that minimizes total inventory costs? a) Economic order quantity modelb) Quantity discount modelc) Stochastic … Read more

Linear Models MCQs

1. Which phase of an operations research study primarily deals with optimizing linear relationships among decision variables? a) Sensitivity analysisb) Graphical methodc) Simplex algorithmd) Duality … Read more