What is the impact of a positive lead time on eoq value

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Reference no: EM133283090

Assignment:

(EOQ) Economic lOrder Quantity (EOQ) is the order quantity that minimizes the total holding costs and ordering costs.

1. What's the impact of a positive lead time on EOQ value? (maximum 50 words).

2. Can supply chain managers in fast-fashion industries apply the EOQ model to manage their inventories? If yes, how? If no, why? (maximum 100 words).

Reference no: EM133283090

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