In general, total ordering costs are equal to total inventory-holding cost for the optimal solution to the economic order quantity (EOQ) model.

Name: In general, total ordering costs are equal to total inventory-holding cost for the optimal solution to the economic order quantity (EOQ) model.
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In the EOQ model, the optimal order quantity is determined at the point where total ordering costs are equal to total inventory-holding costs, minimizing the total cost associated with inventory.

In General, Total Ordering Costs Are Equal to Total Inventory-Holding