. The Economic Order Quantity EOQ) model helps managers to:

1. Determine how to save money by better managing current assets
2. Determine how to save money by better managing current liabilities
3. Determines how to save money by better managing inventories

11. Safety stock inventories are kept, because of:

1. Variability in demand for the product
2. Delivery time delays that could occur
3. Production process delays
4. All of the above

12. The Reorder Point for inventories is contingent on usage rates and the time needed to get a delivery.

1. True b. False.