The total cost formula is TC = DP +^QIP+^DS.Which of the following is true at the Economic Order Quantity? A)EOQ =^DS 2 Q B)QIP ₌ DS C)EOQ =^QIP D)DP =^QIP Q 2 Q 2 2

Name: The total cost formula is TC = DP + QIP + DS .Which of the following is true at the Economic Order Quantity? A)EOQ = DS 2 Q B)QIP = DS C)EOQ = QIP D)DP = QIP Q 2 Q 2 2
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Question

Quizplus · Accepted Answer

At the Economic Order Quantity (EOQ), the ordering cost (DS/Q) equals the holding cost (QIP/2), which is the condition for minimizing total cost.

The Total Cost Formula Is TC = DP + QIP

The Total Cost Formula Is TC = DP +^QIP