In your own words, describe why is it important to determine what to study before you begin your review sessions? Using examples from this lesson, how will you determine what to study for your next test?

The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?