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EOQ Tag

01 Jan

Posted at 07:30h in Entrepreneurship, Inventory, Online Education, Operations, Optimization

Best wishes for a joyful and prosperous New Year from MBTN Academy. We're looking forward to bringing you more analytical content in 2024 to improve your decision making skills. This month's free MBTN Academy tutorial tackles key economic decisions in inventory management. Efficient inventory management decision making is essential for manufacturing and retail businesses, where striking the right balance between ordering costs, inventory holding costs, and optimizing quantities is pivotal....