In the EOQ Model,the Optimal Order Quantity Is the Amount

Multiple Choice

In the EOQ model,the optimal order quantity is the amount at which ______.

A) the total annual ordering costs are at a minimum
B) the total holding costs are at a minimum
C) the sum of the total annual ordering costs and the total annual holding costs is at a minimum
D) the difference between the total annual ordering costs and the total annual holding costs is at a maximum