Inventory Control Manager Question: Download Inventory Control Manager PDF
Explain me do I need to recompute stocking costs for the EOQ level?
Answer:
Yes, in order to compare stock costs when using the EOQ model you must compute the costs for both the original level and the EOQ level of order quantities.
| Previous Question | Next Question |
| Tell us what makes a good forecasting model? | Tell me why is inventory management so important? |