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POQ Model in Inventory Management by rishabh.gupta.24mb is a document available to read on EtoBox.
What is POQ Model in Inventory Management about?
The document discusses the Periodic Order Quantity (POQ) Model, which determines how much to order at fixed intervals to maintain inventory levels without continuous monitoring. It outlines the calculation of inventory position and target levels, and differentiates inventory control policies for A, B, and C class items. Additionally, it compares the POQ model with the Economic Order Quantity (EOQ) model, highlighting their respective applications and monitoring requirements.
- Author
- rishabh.gupta.24mb
- Language
- EN