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determine What does the EOQ formula tell us? What assumption is made about the usage Why might a firm keep a safety stock? What effect

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determine What does the EOQ formula tell us? What assumption is made about the usage Why might a firm keep a safety stock? What effect is it likely to have on carry- mentory? (L07-5) rate for inventory? (L07-5) ing cost of inventory? (L07-5) Why might a firm keep a safety stock? What effect is it likely to have on carry

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