Determining accurate inventory decisions

Assignment Help Operation Management

Reference no: EM132164607

1. The Economic Order Quantity (EOQ) model is helpful in determining accurate inventory decisions. Discuss the major inventory costs that are used in determining the EOQ. Propose an example from your own experience or what you could imagine where EOQ could be used to improve inventory decisions.

2. Explain how to define a successful project in purchasing and supply chain analysis tools and techniques

3. What is your opinion of Project Management? Explain how you might use the method to plan a major purchase.

Reference no: EM132164607

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