B A 360 Lecture Notes - Lecture 21: Economic Order Quantity, Usability, Oa
Document Summary
Iot - sizing - decision on how much to buy or build based on net requirement planning just what is required for. " lot - of - lot techniques orders production, based on net requirements holding. Expensive when costs are very high are high costs setup. Economic order quantity ceoq) - assumes a known constant it potentially creates used in mpp demand , when excessive or inventories quantity. Periodic to order quantity systems, stock outs combines best of above models predetermined. Interval = eoq average demand per period. Some services or senile items for other services are directly linked to demand these can be treated as dependent demand services or items restraints. Extension of the mrp system to tie in customers and suppliers. " shares common databases and of many business business practices processes information in real business time from supplier evaluation to customer produces coordinates involving.
