Abstract
Concepts such as the economic order quantity (EOQ) and the economic batch size (EBS) may appear to be of limited relevance to senior management. However senior management should pay attention to these stock management concepts because of their continued impact on working capital, production levels and return on investment.
Original language | English |
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Pages (from-to) | 44-47 |
Number of pages | 4 |
Journal | Engineering Management |
Volume | 14 |
Issue number | 5 |
DOIs | |
Publication status | Published - 2004 |