The economic order quantity (EOQ)determines ___________.
A)the point at which a company should reorder
B)the point at which carrying costs equal ordering costs
C)the point at which the sum of carrying costs and ordering costs is maximized
D)the relevant inventory flow for a particular time period

Question

Quizplus · Accepted Answer

The Economic Order Quantity (EOQ) model determines the optimal order quantity by finding the point at which carrying costs equal ordering costs, minimizing the total inventory costs.

The Economic Order Quantity (EOQ)determines ___________