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In the EOQ model, the optimal order quantity (Qo) is when: Total inventory cost is minimized Average inventory is equal to demand Holding costs
In the EOQ model, the optimal order quantity (Qo) is when: Total inventory cost is minimized Average inventory is equal to demand Holding costs are minimized O Safety stock is equal to average inventory O Lead time is stable
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
