Of the following, which trade-off affects economic order quantity (EOQ)? O Discount rate and weighted average cost of capital Ordering costs and order quantity O Ordering costs and holding costs O Inventory costs and inventory storage space Question 39 5 pts The shelf-life for an item is 10 days. The annual demand for the item is 2000 lbs/year. The economic order quantity for the item is 50 lbs/order. Assume 365 days/year of the following, which action should the company take? The company should increase the order quantity to be approximately 70 lbs/order. The company should leave the order quantity at the EOQ. The company should decrease the order quantity to be approximately 30 lbs/order. The company should ask for a quantity discount because it is buying 2000 lbs a year. What does it mean if a company orders at the economic order quantity (EOQ)? Total order quantity is minimized Total annual ordering costs are equal to the total annual holding costs Total inventory is minimized O Order frequency is minimized Question 37 5 pt Of the following, which ingredient's attribute has the greatest effect on the per unit holding costs of inventory for that ingredient? The economic order quantity of the ingredient (measured in units) The volume of a unit of the ingredient (measured in cubic feet) The number of dishes the ingredient is used in (measured as a count) The days between orders derived from the economic order quantity