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If your company had an annual cost of items equal to $5 million, and an annual holding cost of $80,000, and an annual ordering cost
If your company had an annual cost of items equal to $5 million, and an annual holding cost of $80,000, and an annual ordering cost of $500,000 this scenario would reveal that:
A. Your fixed lots size was lower than the EOQ.
B. NOTHING. You do not have enough information to discern whether you are above or below the EOQ.
C. Your fixed size was higher than the EOQ.
D. Your fixed lot size was equal to the EOQ.
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