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8 terms

EOQ and POQ

STUDY
PLAY
EOQ answers _______
how much to order
the ROP tells
when to order
d=
D/N
ROP =
d x L
what model is used when units are produced and sold at same time
POQ
POQ is often used in what type of facility
manufacutring
when an order is delivered over several days as the product is produced
POQ
what is the equation for maximum inventory in POQ
Q (1-d/p)