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Economic Order Quantity - EOQ
Instructions In a 2-3 page paper, evaluate the positive aspects of EOQ and lean inventory management, based on the strengths of each. Compare and contrast where the tools are most advantageous in certain situations.
Determine if the two can be effectively used together to achieve the goals of efficiency, availability, and cost control. Provide at least three academic references.
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This assignment is all about Inventory and inventory management.it deals with understanding how lean inventory and EOQ helps in defining the management system. For completion of this assignment it is very important to understand inventory management and it's practical implications.
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