BUS 307 Week 4 DQ 2 IT EOQ ROP Interrelationships

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BUS 307 Week 4 DQ 2 IT EOQ ROP Interrelationships
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-307-Week-4-DQ-2-IT-EOQ-ROP-Interrelationships Fr
om the end of Chapter 14, answer Discussion
Question 6 The just-in-time (JIT) movement has
long argued that firms shoulda. Maximize their
process flexibility so that ordering costs are
minimal b. Stabilize demand levels c. Shrink
lead times as much as possible and d. Assign
much higher holding costs to inventory than has
traditionally been the case.Using the economic
order quantity (EOQ) and reorder point (ROP)
formulas, explain how such efforts would be
consistent with JITs push for lower inventory
levels. Respond to at least two of your
classmates postings.    For more classes
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