28 ) The costs of carrying inventory do not include

A) the interest on funds tied up in inventory.

B) the cost of warehouse space.

C) ordering costs.

D) insurance and handling costs.

29 121) Use of the economic order quantity

A) determines the reorder point.

B) provides the lowest overall inventory costs.

C) determines the safety stock.

D) All of the options are true.

30 ) The economic order quantity

A) assumes that inventory usage is seasonal.

B) assumes that delivery times of each order are consistent.

C) considers stock-outs.

D) All of the options are true.