Question: 1. true or false: The higher the EOQ amount, the higher the service level. true or false: A reorder point (ROP) model is best suited

1. true or false: The higher the EOQ amount, the higher the service level. true or false: A reorder point (ROP) model is best suited for a periodic review inventory system. true or false: If an item is ordered at its EOQ, the annual holding cost of the item is expected to be just about equal to the annual ordering cost of the item.

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