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Problems for Practice on Economic Order quantity

on December 26, 2019

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How formula of EOQ is derived?

It is one of the oldest classical production scheduling models. The model was developed by Ford W. Harris in 1913, but R. H. Wilson, a consultant who applied it extensively, and K. Andler are given credit for their in-depth analysis. [i]

Effect of Different Inventory Pricing Basis

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Problems for Practice on Economic Order quantity

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