Question: Assignment on EOQ, MRP and JIT EOQ 1. Define and briefly describe EOQ. 2. List the advantages and disadvantages of EOQ 3. What kinds of

Assignment on EOQ, MRP and JIT

EOQ

1. Define and briefly describe EOQ.

2. List the advantages and disadvantages of EOQ

3. What kinds of organizations use EOQ?

MRP

1. Define and briefly describe MRP.

2. List the advantages and disadvantages of MRP

3. What kinds of organizations use MRP?

JIT

1. Define and briefly describe MRP.

2. List the advantages and disadvantages of EOQ

3. What kinds of organizations use JIT?

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