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In Inventory Control, the Economic Order Quantity (EOQ)

Question 160

Multiple Choice

In inventory control, the economic order quantity (EOQ) :


A) is usually less than the optimal order quantity.
B) minimizes fixed costs.
C) ensures a seller can fill all orders promptly.
D) ensures the seller will never run out of stock.
E) may be used to determine initial inventory requirements, but not reorders.

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