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A company uses the extended economic order quantity approach to inventory management.Which of the following inventory levels is considered the minimum inventory level given this

A company uses the extended economic order quantity approach to inventory management. Which of the following inventory levels is considered the minimum inventory level given this approach?

Multiple choice

  • Zero inventory

  • Order point level

  • Safety Stock Level

  • 50 percent of the reorder amount

  • Safety stock plus order quantity

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