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  • Okecdnomis: Economie

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    Tanishq Goyal
    7 views3 pages
    The document discusses calculating the economic order quantity (EOQ) to minimize total costs for inventory management. It states that EOQ relates to the annual demand, ordering costs, and holding costs. It provides a formula to calculate EOQ as the square root of 2 times the annual demand times the ordering cost divided by the holding cost per unit per year.

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    principles of management assignment

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    pom

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    The document discusses calculating the economic order quantity (EOQ) to minimize total costs for inventory management. It states that EOQ relates to the annual demand, ordering costs, and holding costs. It provides a formula to calculate EOQ as the square root of 2 times the annual demand times the ordering cost divided by the holding cost per unit per year.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    7 views3 pages

    Okecdnomis: Economie

    Uploaded by

    Tanishq Goyal
    The document discusses calculating the economic order quantity (EOQ) to minimize total costs for inventory management. It states that EOQ relates to the annual demand, ordering costs, and holding costs. It provides a formula to calculate EOQ as the square root of 2 times the annual demand times the ordering cost divided by the holding cost per unit per year.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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