Economic Production Quantity (EPQ) Example
5:25
YouTubeBeyond Consultancy
Economic Production Quantity (EPQ) Example
In this keynote video we will show how to apply the Economic Production Quantity. The Economic Order Quantity (EOQ) model determines the order size at which the sum of the total inventory and ordering costs is lowest. It assumes, amongst other things, that the order is delivered in one single batch. If instead, the order is delivered ...
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