Which of the following statements is correct?
A) you must know the ordering cost to use the EOQ concept
B) quantity discounts will not change the total inventory costs of the item
C) inventory levels can be lowered by raising the order quantity
D) if stock is not received all at once into inventory then EOQ formula can be modified and used
E) none of the above is correct

Question

Quizplus · Accepted Answer

If stock is not received all at once into inventory then EOQ formula can be modified and used

Which of the Following Statements Is Correct