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Under the assumptions of the basic EOQ approach, to find the best order size when per unit price is fixed I need to balance: Group
Under the assumptions of the basic EOQ approach, to find the best order size when per unit price is fixed I need to balance:
Group of answer choices
Holding cost and ordering cost
Holding cost and purchase price
Ordering cost and selling price
Selling price and purchase price
If TC = Q/2 * H + D/Q * S then the derivative of TC with respect to Q is:
Group of answer choices
H/2 + DS/Q
H/2 + DS/Q^2
Q/2 + DS/Q
H/2 - DS/Q^2
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