Discover new information and get your questions answered with IDNLearn.com. Ask any question and receive timely, accurate responses from our dedicated community of experts.

If the manufacturers chosen by Brad, Danny, and Sam use a specific algorithm to identify how much and how often inventory should be ordered, they are likely to be using:

Sagot :

If the manufacturers chosen by Brad, Danny and Sam are using a specific algorithm they are likely to be using an economic order quantity (EOQ).

The economic order quantity can be described as the maximum or the optimal quantity that would help a company to reduce its total costs in terms of ordering and receiving inventory

The question says that the three persons are using an algorithm to know the quantity of inventory that they are to order.

Read more on https://brainly.com/question/25075133?referrer=searchResults