1. Compensation for differences in the timing of supply and demand
2. Compensation for the uncertainties inherent in supply and demand
3. One or more stages in the operation cannot supply all the items it produces simultaneously
4. Material cannot be transported instantaneously between the point of supply and the point of demand
Compensation for the uncertainties inherent in supply and demand
Will it effect the EOQ model, If you get a discount?
Can you tell me what types of forecasting can you do?
Do you know what is the formula of EOQ?
Tell me about forecasting in inventory?
Inventory planning and controlling questions?
Tell me when should you take a physical inventory?
Tell me how would you determine the numbers to use in the EOQ formula?
Tell me about the important considerations in inventory control?
Tell me about the total stocking cost in inventory?
Tell me what does EOQ make work for inventory control?
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