What are some of the assumptions made in using the eoq

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How inventory can act as a buffer in the production process.

Why wouldn't a company always store large quantities of inventory to eliminate shortages and stockouts?

What are some of the assumptions made in using the EOQ?

If the ROP is greater than the order quantity, explain how the ROP is implemented. Can the ROP be more than twice the order quantity, and, if so, how is such a situation handled?

Reference no: EM132849128

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