What is Economic Order Quantity & its Advantages
SCMDOJO
JULY 29, 2022
The model presupposes the following presuppositions, which appear to be problematic and unrealistic to any supply chain practitioner : That the demand is known, certain and constant over time : We live in a VUCA world (volatile, uncertain, complex and ambiguous). uncertainty in the lead time ( āUā in the jargon āVUCAā).
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