LL has made an inventory decision of ordering 3000 units in a batch each time it orders from the supplier. Which of the following are true?

(Select all that apply.)

LL has made an inventory decision of ordering 3000 units in a batch each time it orders from the supplier. Which of the following are true?

(Select all that apply.)

LL is expected to order 12 times a year.

This is the EOQ solution.

LL is expected to order once per month.

The solution will impose an annual total setup cost that is much higher than the annual inventory holding cost.

The solution will impose an annual inventory holding cost that is much higher than the annual total setup cost.