Question: Choose the correct answer. The economic order quantity formula assumes that (a) Purchase costs per unit differ due to quantity discounts. (b) Costs of placing

Choose the correct answer. The economic order quantity formula assumes that
(a) Purchase costs per unit differ due to quantity discounts.
(b) Costs of placing an order vary with quantity ordered.
(c) Periodic demand for the goods is known.
(d) Erratic usage rates are cushioned by safety stocks.

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