Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
12th Edition
ISBN: 9781285850030
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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Chapter 23, Problem 9MC
Summary Introduction

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: Whether EOQ model can be used in the given situation

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Inventory management; Author: The Finance Storyteller;https://www.youtube.com/watch?v=DZhHSR4_9B4;License: Standard Youtube License