Question: at least two paragraphs please If we are using EOQ to determine the optimal inventory level, why do we need safety stock (p. 508 -
at least two paragraphs please
If we are using EOQ to determine the optimal inventory level, why do we need safety stock (p. 508 - 510)? Consider where the EOQ point is located on a standard normal distribution curve, desired customer service level, and the effect of stock outs. Discuss in your own words, no calculation is required
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