📦 Supply Chain Analytics | Lecture 8: Batch Size Optimization
Big batches or small batches? This lecture covers the classic trade-off between production efficiency and inventory costs.
You'll learn:
✅ Batch size vs lot size terminology
✅ Economic Batch Quantity (EBQ) formula
✅ Setup costs vs holding costs balance
✅ Real-world constraints (shelf life, storage)
✅ Why the three E's conflict with each other
Classic production economics that every supply chain professional needs.
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