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Jerome Bruner Found That Children

question 23

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Jerome Bruner found that children:

Understand the Economic Order Quantity (EOQ) model and how it is used to minimize total inventory costs.
Calculate the EOQ and the related total cost for varying scenarios, including discounts and different inventory systems.
Identify and calculate optimal batch sizes for production processes with uneven flow.
Determine inventory management strategies based on given demand, carrying cost, setup cost, and other relevant data.

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