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Unformatted text preview: 11-1 5. Define lead-time and indicate why it is important. 6. Briefly define each of these and give examples of each: Holding (carrying) costs Ordering Costs 7. What are the two basic questions in inventory management? 8. What are EOQ models used for? 11-2...
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This note was uploaded on 05/19/2011 for the course MGMT 101 taught by Professor Steinberg during the Spring '11 term at Ill. Chicago.
- Spring '11