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What are the uses of the eoq model

Question 1: What are the uses of the EOQ model? What questionable assumptions are being made by the EOQ model? Please give me some examples to reference.

Question 2: What is working capital management? How can a firm improve its management of its working capital accounts? Again, if you can provide me with some samples or examples.

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Finance Basics: What are the uses of the eoq model

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