In inventory control, the economic order quantity (EOQ):
A) is usually less than the optimal order quantity.
B) minimizes fixed costs.
C) ensures a seller can fill all orders promptly.
D) ensures the seller will never run out of stock.
E) may be used to determine initial inventory requirements, but not reorders.

Question

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The Answer of In inventory control, the economic order quantity (EOQ):
A) is usually less than the optimal order quantity.
B) minimizes fixed costs.
C) ensures a seller can fill all orders promptly.
D) ensures the seller will never run out of stock.
E) may be used to determine initial inventory requirements, but not reorders.

In Inventory Control, the Economic Order Quantity (EOQ)