Use of the EOQ model for inventory analysis

Use of the EOQ model for inventory analysis

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Article ID: iaor199043
Country: United States
Volume: 27
Start Page Number: 39
End Page Number: 46
Publication Date: Mar 1986
Journal: Production and Inventory Management Journal
Authors: , , ,
Abstract:

This article is an evaluation conducted by survey of the critical assumptions of the EOQ model used in inventory analysis. The results of the analysis clearly show that the majority of assumptions necessary to make this model operational are not valid.

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