Sensitivity of EOQ Model to Order Interval (cont.)
{"Image DocumentName": "Sensitivity of EOQ Model to Order Interval (cont.)", "Image ImageDescription": "Ratio of Actual to Optimal Costs: If we use T instead of T  Powers-of-Two Order Intervals: The optimal order interval, T  must lie within a multiplicative factor of \uf0d62 of a power-of-two. Hence, the maximum error from using the best power-of-two is.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}