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Tell Me What Do The Letters In The Eoq And Stocking Cost Formula Stand For? |
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Answer» The LETTERS in the formulas represent the QUANTITY ordered(Q), the carrying cost of a UNIT(C), the demand for the units(D) and the cost of COMPLETING a ORDER(S). The letters in the formulas represent the quantity ordered(Q), the carrying cost of a unit(C), the demand for the units(D) and the cost of completing a order(S). |
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