Draw the epq diagram with run time, Operation Management

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Draw the epq diagram with run time

Problem 1: Draw the EPQ diagram with run time is 5 days and cycle time is 8 days. Find the maximum inventory if the production rate is 80 units and usage rate is 50 units.

Problem 2: How much you can save if you use EOQ instead of any other quantity? Explain it with the diagram. Assume all the necessary values.

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Operation Management: Draw the epq diagram with run time

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Operation Management: Draw the epq diagram with run time

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