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Wilson Formula Economic Order Quantity | Forecasts Supply and Inventory | Spec Sheets

The Economic Order Quantity Wilson Formula or Wilson Formula (created in 1934) allows calculation of order optimal quantity and the time between two orders of aproduct for agivenentity(plant, logistic centre)
Introduced for the first time in 1913 byHarris, it is sometimes known as the Harrys-Wilson Formula....
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Which procurement method to choose | Forecasts Supply and Inventory | Spec Sheets

It is fundamental to adapt the procurement method to:

the type of product

the manufacturing process and its consumption (in case of industrial procurement)

the commercial process and its consumption (in case of retail / distribution procurement)...

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