In making inventory decisions, the purpose of the basic EOQ model is to a. minimize carrying costs.

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In making inventory decisions, the purpose of the basic EOQ model is to

a. minimize carrying costs.

b. minimize ordering costs.

c. minimize the sum of carrying costs and ordering costs.

d. minimize customer dissatisfaction.

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Quantitative Analysis For Management

ISBN: 9781292217659

13th Global Edition

Authors: Barry Render, Ralph M. Stair, Michael Hanna, Trevor Hale

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