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Title: What is the primary purpose of the basic economic order quantity model shown below?Q* = ...
Post by: Apatix on Jul 13, 2017
What is the primary purpose of the basic economic order quantity model shown below?

Q* = sqrt((2DS/H))

A) to calculate the reorder point, so that replenishments take place at the proper time
B) to minimize the sum of setup cost and holding cost
C) to calculate the optimum safety stock
D) to maximize the customer service level
E) to minimize the sum of carrying cost and holding cost


Title: Re: What is the primary purpose of the basic economic order quantity model shown below?Q* = ...
Post by: kadaji on Jul 13, 2017
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Title: Re: What is the primary purpose of the basic economic order quantity model shown below?Q* = ...
Post by: Apatix on Sep 21, 2017
I'm luck to have found this website, thank you :D