What does the eoq do in a fixed order quantity system i can, Operation Management

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What does the eoq do in a fixed order quantity system i can

1. What does the EOQ do in a fixed order quantity system? I can pick any value at random to function as Q; why should I select the EOQ?

2. Many people think of lean systems as being incompatible with mass customization and flexible manufacturing. Why is this conclusion incorrect?

3. Explain which Internet technologies have facilitated the way in which WTC collaborates with both its participants and business partners.

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