1. For any forecasting methods, the sum of absolute errors is greater than or equal to the sum of errors.

Group of answer choices

True

False

2. For any underestimating forecasting methods, the sum of absolute errors is less than or equal to the sum of errors.

Group of answer choices

True

False

3.

Let Q1>EOQ. In the ordering quantity of Q1, the holding cost is larger than the ordering cost.

Group of answer choices

True

False

4.

There is only one point that holding cost is half of total cost.

Group of answer choices

True

False