In order to find the lowest cost ordering policy in a quantity discount model,you must compare the holding cost,ordering cost,and the cost of goods for various order quantities.

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Quizplus · Accepted Answer

To find the lowest cost ordering policy in a quantity discount model, it is essential to compare the holding cost, ordering cost, and cost of goods for different order quantities. This comparison helps in determining the optimal order quantity that minimizes the overall cost. Therefore, the statement is true.

In Order to Find the Lowest Cost Ordering Policy in a Quantity