Which of the following statements is false?
A) Acquisition costs decline at a diminishing rate as the order size increases,irrespective of whether the order size is greater than the economic order quantity.
B) Carrying costs increase as the order size increases.
C) Total costs decline at a diminishing rate as the order size approaches the economic order quantity,beyond which they start to rise.
D) None of the given options.
Correct Answer:
Verified
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