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EOQ Without Cost- Excel Example

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Feb 3, 2023
10:06

Economic Order Quantity without cost is a method to reduce the expense of "C" inventory. Most organizations split inventory into A, B, or C. A inventory is the most expensive and requires tight control. B inventory is moderately expensive. C inventory is low cost, plentiful, and purchased from the same distributor. We reduce the cost of C inventory by reducing the aggregate rather than individual SKUs. An example of C inventory is the all the spices (salt, pepper, basil, ...) used in a restaurant. What challenges do you face when using Excel? We’d love to help! What other Excel functions would you like to learn about? Please check out my other EOQ without cost videos for more information, http://eddansereau.com/eoq.html#eoqcost Thanks for watching.

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