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International Journal of Computer Applications (0975 8887) Volume 48 No.15, June 2012 An EPP Model with Power-form Stock Dependent Demand under Inflationary Environment using Genetic Algorithm Chapman
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An EPQ model is a type of inventory management model that helps determine the optimal order quantity to minimize total inventory costs.
Companies or organizations that need to efficiently manage their inventory and reduce inventory costs.
To fill out an EPQ model, you need to input the demand rate, setup costs, carrying costs, and holding costs into the equation to calculate the optimal order quantity.
The purpose of an EPQ model is to help organizations determine the optimal order quantity that minimizes total inventory costs.
The EPQ model requires information such as demand rate, setup costs, carrying costs, and holding costs.
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