What are the benefits of using the EOQ method? What is the significance of the EOQ (Q*)
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- What are the benefits of using the EOQ method?
- What is the significance of the EOQ (Q*) and the ROP?
- Why is it important that we determine the standard deviation of demand to calculate Safety Stock?
- How does using the EOQ help save money on inventory costs?
- What are some of the disadvantages of the EOQ method?
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