Inventory Control Manager Question:
Download Questions PDF

Explain me do I need to recompute stocking costs for the EOQ level?

Answer:

Yes, in order to compare stock costs when using the EOQ model you must compute the costs for both the original level and the EOQ level of order quantities.

Download Inventory Control Manager Interview Questions And Answers PDF

Previous QuestionNext Question
Tell us what makes a good forecasting model?Tell me why is inventory management so important?