In the economic order quantity (EOQ) model, increasing the order ...

[Lisaclaire]

In the economic order quantity (EOQ) model, increasing the order size will decrease ordering costs.
 
  Indicate whether the statement is true or false.

Question 2

Wilton Carpet and Flooring supports local children's sports teams by providing uniforms and practice gear. Which of the following terms best describes the activities of the firm?
 
  A) Outsourcing
  B) Egalitarianism
  C) Empowerment
  D) Social responsibility

[Sierray]

Answer to Question 1

Answer: TRUE
Explanation: Ordering costs will go down since fewer orders will need to be made over the course of the year.

Answer to Question 2

Answer: D

[Lisaclaire]

Thanks for the timely response, appreciate it

[Jossy]

TYSM