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In order to justify a just-in-time inventory policy (so order quantity is one or some very small quantity), what should happen in the economic (optimal)
In order to justify a just-in-time inventory policy (so order quantity is one or some very small quantity), what should happen in the economic (optimal) order quantity model?
A. Order cost should be very low.
B. Order cost should include quantity discounts.
C. Holding cost should be very low.
D. Stockout cost should be very high.
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