Economic Quantity Research System - Assignment Example

In contrast to the Economic Order Quantity Research (EOC), which is basically an equation used to determine the minimum and maximum stock levels, they perform the same duties and provide satisfactory results. I believe they are similar in more ways than one but the main difference is the way they are carried out. There is considerable evidence that getting the correct operating conditions is more important than the choice between MRP, kanban, or reorder point methods in the MPC system. How generally do you believe this situation to be?

Generally, I agree reason being, all the methods mentioned above provide basically the same results with little difference in calculation methods and time. So most definitely the only thing that would hinder positive and profitable results would be conditions under which they are used.