Explain me do I need to recompute stocking costs for the EOQ level?
Submitted by: MuhammadYes, in order to compare stock costs when using the EOQ model you must compute the costs for both the original level and the EOQ level of order quantities.
Submitted by: Muhammad
Submitted by: Muhammad
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Top Inventory Control Manager Questions
☺ | Operational and Situational Inventory Control Manager Job Interview Questions: |
☺ | Do you know when should a physical inventory be taken? |
☺ | Do you know what does EOQ stand for? |
☺ | Tell me what is forecasting? |
☺ | Tell me does the model always work? |
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