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wooden scale of a large wooden ball with a wooden plank balancing one big white speckled ball and four small ones using the economic order quantity formula in inventory management

Blog

The problem with the Economic Order Quantity (EOQ) model

The economic order quantity (EOQ) model is a fairly popular means of calculating inventory reorder quantities and working out how...

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Red steel safe with mechanical combination lock on shelf, the secret to improving stock availability without increasing inventory

Blog

What is stock availability, and how can you improve it?

Improving stock availability – without carrying excess stock For many businesses, stock availability is critical to delivering excellent customer service....

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