QUESTION 7 Which of the following statements is NOT true of Economic Order Quantity? O A. The economic order quantity mathematically determines the minimum total inventory cost B. The EOQ is directly proportional to the sales per period C. The optimal order size is determined by the EOQ model D. The EOQ ignores inventory reorder costs and inventory carrying costs QUESTION 5 Two projects are considered to be independent if A. selecting one would have no bearing on accepting the other B. their cash flows are unrelated Both A and B D. None of the above