Tell me what do the letters in the EOQ and stocking cost formula stand for?
Submitted by: MuhammadThe letters in the formulas represent the quantity ordered(Q), the carrying cost of a unit(C), the demand for the units(D) and the cost of completing a order(S).
Submitted by: Muhammad
Submitted by: Muhammad
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☺ | Do you know when should a physical inventory be taken? |
☺ | Do you know what does EOQ stand for? |
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