Question: EOQ is considered a robust calculation because large changes in demand create small changes in inventory levels. Given D= 10,000 and Q=Sqrt(( 2*7,10000*50)/3)=577, if Demand

EOQ is considered a robust calculation because large changes in demand create small changes in inventory levels. Given D= 10,000 and Q=Sqrt(( 2*7,10000*50)/3)=577, if Demand falls 7,500 units, Q=Sqrt(( 2*5000*50)/3)=500. With this 25% reduction in demand How much does inventory level change? 25% 22% 13% 20% Question 7 2 pts Why are decisions to minimize inventory costs important to Operations Managers? All of the above Inventory is money sitting on the shelf that could be used for other business purposes Inventory can be damage, stolen, or become obsolete Inventory is financed EOQ is considered a robust calculation because large changes in demand create small changes in inventory levels. Given D= 10,000 and Q=Sqrt(( 2*7,10000*50)/3)=577, if Demand falls 7,500 units, Q=Sqrt(( 2*5000*50)/3)=500. With this 25% reduction in demand How much does inventory level change? 25% 22% 13% 20% Question 7 2 pts Why are decisions to minimize inventory costs important to Operations Managers? All of the above Inventory is money sitting on the shelf that could be used for other business purposes Inventory can be damage, stolen, or become obsolete Inventory is financed
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