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The EOQ model for cash management defines the optimal level of cash to order through a variable known as storage costs. What do storage costs

The EOQ model for cash management defines the optimal level of cash to order through a variable known as "storage costs". What do storage costs represent in this model?

The difference between current assets and current liabilities
The upper limit of cash allowed in the model
The daily variance of cash flows
The "opportunity" cost of lost investment earnings
The transactions cost of obtaining cash

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