Do you know what is the formula of EOQ?
Submitted by: AdministratorThe EOQ formula is the square root of 2 times demand times order completion cost divided by carrying cost. The mathematical formula is square root of 2DS/C.
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Read Online Inventory planning and control Job Interview Questions And Answers
Top Inventory planning and control Questions
| ☺ | How would you respond to the criticism that eoq models tend to provide misleading results because values of d, s and h are at the best educated guesses? |
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