Which of the Following Describe(s)the Economic Order Quantity (EOQ)

Multiple Choice

Which of the following describe(s) the Economic Order Quantity (EOQ) ?

A) The quantity at which carrying and ordering costs are equal.
B) The quantity that minimizes total inventory cost (ordering plus carrying) .
C) The quantity that eliminates stockouts.
D) Both a and b describe EOQ.
E) All of the above describe EOQ.