1)

2)

3)

4)

5)

With reference to the EOQ model, which one of the options given is correct? Cost per unit Curve P4. Curve Pl Curve P2 Curve P3 Order quantity (A) Curve Pl: Total cost, Curve P2: Holding cost, Curve P3: Setup cost, and Curve P4: Production cost (B) Curve P1: Holding cost, Curve P2: Setup cost, Curve P3: Production cost, and Curve P4: Total cost. (C) Curve P1: Production cost, Curve P2: Holding cost, Curve P3: Total cost, and Curve P4: Setup cost (D) Curve P1: Total cost, Curve P2: Production cost, Curve P3: Holding cost, and Curve P4: Setup cost. (R) GATE