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Which of the following is true for a company that is operating the EOQ policy and meets all the assumptions of the EOQ model? Total

Which of the following is true for a company that is operating the EOQ policy and meets all the assumptions of the EOQ model?

Total ordering costs tend to increase with a higher order quantity, and total carrying costs tend to decrease with a higher order quantity

Total ordering costs tend to decrease with a higher order quantity, and total carrying costs tend to increase with a higher order quantity

Total ordering costs tend to decrease with a lower order quantity, and total carrying costs tend to increase with a lower order quantity

Total ordering costs tend to decrease with a lower order quantity, and total carrying costs tend to decrease with a lower order quantity

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