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andrezito [222]
3 years ago
8

Which type of buying method attempts to predict in advance how much inventory will be needed during a specific time period

Business
1 answer:
Mila [183]3 years ago
5 0
Which type of buying method attempts to predict in advance how much inventory will be needed during a specific time period? Economic order quantity. The economic order quantity is also know as EOQ. EOQ is the number of units an company should add while doing inventory, this eliminates them from having to order more frequently resulting in more ordering costs. 
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