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One of the biggest limitations of using EOQ to manage inventory is that the EOQ assumes that the whole process is constant. This refers to
One of the biggest limitations of using EOQ to manage inventory is that the EOQ assumes that the whole process is constant. This refers to the holding costs, demand, and ordering cost. As mentioned, EOQ assumes that nothing fluctuates, and everything remains constant. In the real world, this wouldn't be true as customer demand, pricing, and economic challenges would change those variables
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