Why is the eoq model important, Operation Management

1. The annual demand for university students style note pads is 10,000 units. The supplier operates the business 300 days per year and delivers over five working days. Calculate the re-order point. 

2. Why is the EOQ model important? 

3. What are the assumptions underpinning the EOQ model?

Posted Date: 3/19/2013 2:10:42 AM | Location : United States

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