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Inventory holding cost can be best described as: (Sec 6.2) = EOQ - (TOC + TPC) the opportunity cost of capital of maintaining inventory item
Inventory holding cost can be best described as: (Sec 6.2)
= EOQ - (TOC + TPC) |
the opportunity cost of capital of maintaining inventory |
item cost times demand |
the cost of ordering replenishment inventory |
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