Economic Order Quantity
Terms in this set (...)
If "make to order" is used and customer wants entire order delivered in one shipment. If order size is constrained by capacity limitations.
When not to use EOQ?
If significant quantity discounts are given for ordering larger lots. If replenishment of the inventory is not instantaneous.
When to modify EOQ?
If "make-to-stock" strategy is followed and item has stable demand. If carrying costs per unit and setup or ordering costs are known and relatively stable.
When to use EOQ?
BCOR 360 13.4
Manufacturing Test 1
SCO3056 Midterm 2
Math 1B Section 11.10 [Taylor and Maclaurin Series]
Math 1B Section 11.9 [Representations of Functions as Power Series]
Math 1B Section 11.8 [Power Series]
Math 1B Section 11.6 [Absolute Convergence and the Ratio/Root Tests]
MGSC 346 CH. 7
MGSC 346 CH. 4
MGSC 346 CH. 9
MGSC 346 CH. 11