theory and formulas on cost of raw material & inventory management
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Created by Tshilidzi Thathaisa
about 8 years ago
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Created by Tshilidzi Thathaisa
about 8 years ago
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what is EOQ
Formula for EOQ
What are the ASSUMPTIONS for the EOQ formula?
What is the production run formula?
How do you determine the no. of runs?
Re-order point formula?
optimum safety inventory level ?
Out of stock cost
Discuss MRP
Discuss JIT
optimized production technology
