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9) Carter Company orders 250 units at a time, and places 30 orders per year. Total ordering cost is $2,600 and total carrying cost is

9) Carter Company orders 250 units at a time, and places 30 orders per year. Total ordering cost is $2,600 and total carrying cost is $400. Which of the following statements is true?

a) The economic order quantity (EOQ) is less than 250.

b) The economic order quantity (EOQ) is 250.

c)The economic order quantity (EOQ) is more than 250.

d) Total inventory-related cost for the current ordering plan is less than it would be at the economic order quantity (EOQ).

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