I need an explanation for this Business question to help me study.
Recommend a strategy for financial administrators to balance
the tension between having inventory on hand when it is needed versus the carry
cost to the organization. Provide support for your recommendation.
Suggest one (1) key real-world complication of Economic
Order Quantity (EOQ) calculations. Indicate a way in which a financial
administrator may minimize the impact. Provide support for your rationale.