Can someone help me understand Groff Reorder procedure in layman terms ? I am failing to understand this procedure.
Also, Can someone explain me how is Groff reorder procedure differs from standard EOQ calculation methodology i.e. EOQ = sqrt( {2 * Ordering Cost * Annual Demand} / Holding Cost)
Link to explanation about Groff reorder procedure on SAP: http://help.sap.com/saphelp_40b/helpdata/fr/7d/c27639454011d182b40000e829fbfe/content.htm
Thanks
Lubhit Singhvi