Classification of different types of inventory to v._vine the type and degree of control required for each. Order QUANTITY PROBLEM relates to determination of the size / quantity of inventory which would be acquired. Re-order level is that level of inventory when a fresh order should be placed with suppliers to procure additional inventory equal to the EOQ.
Classification of different types of inventory to v._vine the type and degree of control required for each. Order QUANTITY PROBLEM relates to determination of the size / quantity of inventory which would be acquired. Re-order level is that level of inventory when a fresh order should be placed with suppliers to procure additional inventory equal to the EOQ.
Classification of different types of inventory to v._vine the type and degree of control required for each. Order QUANTITY PROBLEM relates to determination of the size / quantity of inventory which would be acquired. Re-order level is that level of inventory when a fresh order should be placed with suppliers to procure additional inventory equal to the EOQ.