Multiple Choice
At the optimal order quantity (EOQ) ,the total annual ordering cost is given by ______.
A) (Annual demand * EOQ) / Ordering cost per order
B) (Annual demand + EOQ) * Ordering cost per order
C) (Annual demand - EOQ) - Ordering cost per order
D) (Annual demand / EOQ) * Ordering cost per order
Correct Answer:
Verified
Correct Answer:
Verified
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