It's correct to assume that finished goods for one company would also be classified as finished goods for another company. Select one: True False QUESTION 2 Meet Tim. Tim runs a men's clothing line. Tim needs to buy 12,000 shirts per year to fulfil demand (D). He incurs a setup cost of R100 and a holding fee of R16 per shirt. He needs to know his EOQ. Based on the information provided above, the EOQ is 460 units. Select one: True False It's correct to assume that finished goods for one company would also be classified as finished goods for another company. Select one: True False QUESTION 2 Meet Tim. Tim runs a men's clothing line. Tim needs to buy 12,000 shirts per year to fulfil demand (D). He incurs a setup cost of R100 and a holding fee of R16 per shirt. He needs to know his EOQ. Based on the information provided above, the EOQ is 460 units. Select one: True False