If a supplier has a “batch size” or “lot size” restriction, how will that impact the organization’s ability to place orders of the size suggested by the EOQ formula?
What will be the effect on costs if an organization fails to order the EOQ in each time period (discuss both the possibility of ordering too much each time an order is placed and the possibility of ordering too little each time an order is placed)?
Give an example of an organization that uses the EOQ to determine how much they order each time an order is placed. Cite the source of your
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An in-depth understanding provides an analysis of the information, synthesizing what is learned from the course/assigned readings.
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