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The ____________ policy chooses the reorder point and order quantity to minimize total annual costs; whereas the ________ policy uses the economic order quantity (EOQ)
The ____________ policy chooses the reorder point and order quantity to minimize total annual costs; whereas the ________ policy uses the economic order quantity (EOQ) for the order size and selects the reorder point based on a target cycle service level. Group of answer choices Optimal (R,Q); Managerial (R,Q) Continuous Review; Periodic Review Replenishment; Optimal Lot Size Managerial (R,Q); Optimal (R,Q) Periodic Review; Continuous Review
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