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Inventory Management Exercises and Solutions by Đức Nguyễn is a document available to read on EtoBox.
What is Inventory Management Exercises and Solutions about?
The document provides 10 examples of inventory management problems using the economic order quantity (EOQ) model. The examples calculate optimal order quantities, total costs, reorder points, and safety stock levels given information about demand, ordering costs, carrying costs, and other parameters. The last example asks to calculate the optimal ordering quantity for a company with a demand of 20,000 units, $250 ordering cost, and $2.5 carrying cost per unit.
- Author
- Đức Nguyễn
- Language
- EN