May 21, 2019
4:34:17pm
4:34:17pm
Overage vs underage cost needs to also be factored in. And be careful of the
Bullwhip affect. We are all susceptible.
When in doubt, run a Monte Carlo simulation for to project optimal amounts based on expected profitability.
When in doubt, run a Monte Carlo simulation for to project optimal amounts based on expected profitability.
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