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4 Moving to another question will save this response. Question 14 Oon 11 6 points 2a) Under EOQ approaches, order costs can be minimised by

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4 Moving to another question will save this response. Question 14 Oon 11 6 points 2a) Under EOQ approaches, order costs can be minimised by placing large, infrequent orders for inventory. However, under JIT, inventory telated costs are reduced by ordering frequently and in small quantities. Can you explain why both of these statements are correct? (6 marks) T T T Arial 3 (12pt) t's BIX Word Path: P Question 1 A Moving to another question will save this response. o

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