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Which of the following will result if a firm orders a given product in quantities lower than the EOQ? Its annual order placement costs will

Which of the following will result if a firm orders a given product in quantities lower than the EOQ? Its annual order placement costs will be lower than in the optimum. Customer demand will be lower than in the optimum. Total logistics costs will be higher than in the optimum. Its annual inventory holding costs will be higher than in the optimum

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