There are many disadvantages of EOQ, one of which is the assumption of steady demand of a

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There are many disadvantages of EOQ, one of which is the assumption of steady demand of a business product and immediate availability of items to be re-stocked.

Given multiple assumptions of this model.

In what ways do you think the model lack reliability when it comes to fluctuation of orders?

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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: May 24, 2023 02:06 AM

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There are many disadvantages of EOQ, one of which is the assumption of steady demand of a

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The Economic Order Quantity EOQ model is a widely used inventory management technique that helps determine the optimal order quantity for minimizing i... View the full answer

Smith and Roberson Business Law

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