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what are the economic criticisms of quantity order approach

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what are the economic criticisms of quantity order approach

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economic order quantity contributes to the control of stock

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Demand and supply forces

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Production Order Quantity (POQ) is a model that answers how much to produce and when to order. In this model, the materials produced are used immediately and hence lowering the holding cost that in Economic Order Quantity (EOQ).

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Economics

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What is the amount of a good or service that a consumer is willing to buy called

Which axis of a graph will always run vertically from the bottom to the top of the page

Under this economic theory the government does not get involved in the economy

This type of graph is excellent for showing business cycles

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