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    Cost Accounting Study Set 1
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    Exam 20: Inventory Management, Just-In-Time, and Simplified Costing Methods
  5. Question
    The Simplest Version of the Economic Order Quantity Model Incorporates
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The Simplest Version of the Economic Order Quantity Model Incorporates

Question 29

Question 29

True/False

The simplest version of the Economic Order Quantity model incorporates only ordering costs, carrying costs, and purchasing costs into the calculation.

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