EOQ Analysis with QM for Windows

[Page 746]

QM for Windows has modules for all the EOQ models we have presented, including the basic model, the noninstantaneous receipt model, and the model with shortages. To demonstrate the capabilities of this program, we will use our basic EOQ example, for which the solution output summary is shown in Exhibit 16.1.

Exhibit 16.1.

Introduction to Management Science
Introduction to Management Science (10th Edition)
ISBN: 0136064361
EAN: 2147483647
Year: 2006
Pages: 358

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