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Direct linkEdwards, Thomas G.; Özgün-Koca, S. Asli; Chelst, Kenneth R. – Mathematics Teacher, 2013
Amazon, Walmart, and other large-scale retailers owe their success partly to efficient inventory management. For such firms, holding too little inventory risks losing sales, whereas holding idle inventory wastes money. Therefore profits hinge on the inventory level chosen. In this activity, students investigate a simplified inventory-control…
Descriptors: Algebra, Mathematics Instruction, Mathematical Models, Retailing
