Decisions on determining a company's optimum inventory levels have been significantly influenced by economic order quantity modelling.

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Economic order quantity model is a widely used inventory management technique that helps determine the most cost-effective way to order inventory. It takes into account factors such as holding costs, ordering costs, and demand to identify the optimum inventory level to minimize total inventory costs. Therefore, it has a significant influence on decisions regarding inventory levels.

Decisions on Determining a Company's Optimum Inventory Levels Have Been