The goal of the economic order quantity (EOQ)model is to maximize the total costs that are categorized as carrying costs and ordering costs.

Name: The goal of the economic order quantity (EOQ)model is to maximize the total costs that are categorized as carrying costs and ordering costs.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

The goal of the economic order quantity (EOQ) model is to minimize the total costs that are categorized as carrying costs and ordering costs.

The Goal of the Economic Order Quantity (EOQ)model Is to Maximize