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Define the term Economic Order Quantity.
Economic Order Quantity (EOQ):
A mathematical computation for a fixed quantity of inventory ordered every time which would minimise the whole of ordering and holding cost. Economic Order Quantity is an illustration of a continuous inventory system.
How does a leader differ from a manager and when would it be more advantageous to be a manager rather than a leader?
Q1. What is SWOT Analysis.? Q2. Explain Decision making.
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