Inventory Management using EOQ Model for Efficient Ordering - SlideServe
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Inventory Management using EOQ Model for Efficient Ordering - SlideServe
Learn how Economic Order Quantity model can help determine order quantity and timing to optimize inventory. Presented by Dr. Dileep Kumar Singh, Assistant Professor at Institute of Management Studies. Understand basic EOQ model assumptions and calculations for total cost. Gift shop case study included.
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the eoq model without the instantaneous receipt assumption is commonly called the a quantity discount model b safety stock model c planned shortage model d production run model 54931
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