________ is the order quantity that minimizes total cost,and it is the result of trading off carrying costs and ordering costs.
A)Q/2
B)ABC
C)EOQ
D)None of the above

Question

Quizplus · Accepted Answer

EOQ or Economic Order Quantity is the order quantity that minimizes total cost. It is the result of balancing the holding cost of inventory against the costs of ordering. Hence, C) EOQ is the best choice.

________ Is the Order Quantity That Minimizes Total Cost,and It