Question: Why are safety stocks required? Conceptually, how would you evaluate a quantity discount offer from a supplier? What effect does inflation typically have on the

Why are safety stocks required?
Conceptually, how would you evaluate a quantity discount offer from a supplier?
What effect does inflation typically have on the EOQ?
Can the EOQ model be used when a company faces seasonal demand fluctuations? Explain.
What effect do minor deviations from the EOQ have on total inventory cost?

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