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JIT/EOQ/ROP Interrelationships
From the end of Chapter 11, answer
Discussion Question 6: The just-in-time (JIT) movement has long argued that firms should:
Using the economic order quantity (EOQ) and reorder point (ROP) formulas, explain how such efforts would be consistent with JIT's push for lower inventory levels.
Reference:
Bozarth, C. C., & Handfield, R. B. (2016). Introduction to operations and supply chain management (4th ed.). Upper Saddle River, NJ: Pearson
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