10 inventory control revision questions. Answer in your discussion groups

Question 1. What Does EOQ Make Work For Inventory Control?

Question 2. How Would You Determine The Numbers To Use In The EOQ Formula?

Question 3. The Kinds Of Reordering Systems That Can Be Used In Inventory Control?

Question 4. What Makes A Good Forecasting Model?

Question 5. Why Do You Need To Recompute Stocking Costs For The EOQ Level?

Question 6 What Do The Letters In The EOQ And Stocking Cost Formula Stand For?

Question 7. About The Total Stocking Cost In Inventory?

Question 8. When Should Reorders Be Placed?

Question 9. Mention About Forecasting In Inventory?

Question 10. What Is Demand In Inventory?