Person A the financial manager of Company W was asked to determine the inventory control techniques of the company by the CEO person FW and to make a discussion of this subject to the senior executives. She planned to use an example of Company’s “big ticket” items which is a customized computer microchip used in the company’s laptop. She planned to start the discussion by explaining some basic inventory concept. She asked person X to help her by way of answering the questions. Characters in the case: Person A- Financial manager of Company W Person FW- CEO of the company Person X-Assistant of person A To determine: The assumption which underline the EOQ model.

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Chapter 23, Problem 2MC

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Case summary:

Person A the financial manager of Company W was asked to determine the inventory control techniques of the company by the CEO person FW and to make a discussion of this subject to the senior executives.

She planned to use an example of Company’s “big ticket” items which is a customized computer microchip used in the company’s laptop. She planned to start the discussion by explaining some basic inventory concept. She asked person X to help her by way of answering the questions.

Characters in the case:

Person A- Financial manager of Company W

Person FW- CEO of the company

Person X-Assistant of person A

To determine: The assumption which underline the EOQ model.

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