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Define what is meant by inventory carrying costs

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Reference no: EM132559732 , Length: Word count: 750

In your paper, please discuss the following:

Question 1: Distinguish among cycle, safety, pipeline, and speculative stock.

Question 2: Define what is meant by inventory carrying costs, and list its primary components.

Question 3: What are ordering costs, and what is the trade-off between inventory carrying costs and ordering costs?

Question 4: Distinguish between a fixed order quantity and fixed order interval system. Which one generally requires more safety stock? Why?

Question 5: Explain the logic of the EOQ model and the assumptions associated with the model.

The requirements below must be met for your paper to be accepted and graded:

Write 750 words using Microsoft Word in APA style, see example below.

Reference no: EM132559732

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