We revisit the classic Economic Order Quantity (EOQ) and its flexible counterpart SOQ, compare their assumptions, and discuss their relevance in today’s volatile world. From data quality and system design to advanced twists like imperfect items and memory effects, we translate theory into practical, real‑world guidance for day‑to‑day inventory decisions.
Note: This podcast was AI-generated, and sometimes AI can make mistakes. Please double-check any critical information.
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