Question: Economic Order Quantity (EOQ) is the order quantity that minimizes the total holding costs and ordering costs. 1) Whats the impact of a positive lead

Economic Order Quantity (EOQ) is the order quantity that minimizes the total holding costs and ordering costs.

1) Whats the impact of a positive lead time on EOQ?

2) Can supply chain managers in fast-fashion industries apply the EOQ model to manage their inventories? If yes, how? If no, why?

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