Which of the following statements about quantity discounts is false?
◦ The larger the annual demand, the less attractive a discount schedule will be.
◦ If carrying costs are expressed as a percentage of value, EOQ is larger at each lower price in the discount schedule.
◦ The cost-minimizing solution may or may not be where annual holding costs equal annual ordering costs.
◦ In inventory management, item cost becomes relevant to inventory decisions only when a quantity discount is available.
◦ The smaller the ordering cost, the less attractive a discount schedule will be.