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Author Question: Which one of the following statements regarding the economic order quantity (EOQ) is TRUE? (Read 82 times)

karlynnae

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Which one of the following statements regarding the economic order quantity (EOQ) is TRUE?
◦ The EOQ model combines several different item orders to the same supplier.
◦ When the interest rate drops, the inventory holding cost decreases and the EOQ decreases.
◦ If an order quantity is larger than the EOQ, the annual holding cost for cycle inventory exceeds the annual ordering cost.
◦ The EOQ model assumes a variable demand pattern.


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Marked as best answer by karlynnae on Apr 18, 2020

jsm54321

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karlynnae

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Reply 2 on: Apr 18, 2020
Excellent


bbburns21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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