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Business, 03.11.2020 17:00 skyrae05

Compare and contrast Fixed-Order-Quantity and Fixed-Order-Interval systems. What are the characteristics, advantages and disadvantages of each? Why FOI system requires a higher safety stock than the ROP system in order to achieve the same service-level? Explain.

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Compare and contrast Fixed-Order-Quantity and Fixed-Order-Interval systems. What are the characteris...
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