Which Statement Concerning the Economic Order Quantity (EOQ)model Is Not

Multiple Choice

Which statement concerning the economic order quantity (EOQ) model is not correct?

A) The lower the level of inventory held, the greater the number of orders required.
B) A decrease in the number of orders increases the overall cost of ordering inventory.
C) The more inventory that is held the higher the cost of holding inventory.
D) None of the above, i.e., all are correct statements.