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The Slimstock video I showed in the lecture ( and is posted on Canvas ) stated that the EOQ does not just get calculated once,
The Slimstock video I showed in the lecture and is posted on Canvas stated that the EOQ does not just get calculated once, but recommended that the EOQ needs to be reviewed continuously for all of these situations listed below except
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new employees
change in costs
varying logistic unit
discounts
fluctuating demand
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Applied Wildlife Habitat Management
Authors: Roel R. Lopez, Michael L. Morrison, Israel D. Parker
1st Edition
9781623495022
