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The Economic Order Quantity (EOQ) model a. is used to balance ordering costs and holding costs by ordering the perfect quantity each time an order

The Economic Order Quantity (EOQ) model a. is used to balance ordering costs and holding costs by ordering the perfect quantity each time an order is placed. b. calculates a different order quantity each time an order is placed. c. assumes that shortages will occur regularly.
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The Economic Order Quantity (EOQ) model a. is used to balance ordering costs and holding costs by ordering the perfect quantity each time an order is placed. b. calculates a different order quantity each time an order is placed. c. assumes that shortages will occur regularly

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