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TM 663 Operations Planning September 12, 2011 Paula Jensen

TM 663 Operations Planning September 12, 2011 Paula Jensen. 2nd Session: Chapter 2: Inventory Control From EOQ to ROP. Agenda. Chapter 2: Inventory Control From EOQ to ROP. Tentative Schedule. Chapters Assigned 8/29/2011 0,1 9/5/2011 Holiday 9/12/2011 2 9/19/2011 2, 3

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The EOQ Model

The EOQ Model. To a pessimist, the glass is half empty. to an optimist, it is half full. – Anonymous. EOQ History. Introduced in 1913 by Ford W. Harris, “How Many Parts to Make at Once”

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