Question: The economic order quantity ( EOQ model attempts to Establish the optimal amount of inventory to be reordered by balationg carrying costs with transportation costs
The economic order quantity EOQ model attempts to
Establish the optimal amount of inventory to be reordered by balationg carrying costs with transportation costs
Minimize inventory costs by eliminating safety stocks
Calculate now distribution centers can increase sales by shipping coditional product to retailers.
Calculate the optimal amount of inventory to be mordered by balancing ordering cost undit corrying
Minimize total suppry Atom landed costs
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