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Need help on page Pg 40 no 5.7

This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.

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September 3, 2019 at 5:48 am #544338
farhaanm
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I know both EOQ and EBQ are used to establish order quantities but is the forth answer inventory level for production in the syllabus.
September 3, 2019 at 8:02 am #544380
John Moffat
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EOQ gives the order quantity when ordering from another supplier.
EBQ gives the order quantity when ordering from our own factory.
I explain this in my free lectures!
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