Respuesta :
The EOQ model assumes that associated with each order, aside from the cost of purchasing the actual items, is an order-related cost that is independent.
In general, purchasing is in charge of spending more than 50% of all sales revenue collected by the company. The cost of goods and services is frequently higher than all other expenses, and the cost of services is rising quickly.
The optimal order quantity to reduce inventory expenses, such as holding costs, shortage costs, and order costs is called an economic order quantity, or EOQ. Ford W. created this production-scheduling model in 1913.
Because this quantitative model enables a large cost reduction, economists within businesses actively use it to plan operations. Additionally, because the model is based on a consistent or predictable pattern, the overall expenses can be accurately projected.
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