Question: 1 . What does Economic Order Quantity ( EOQ ) represent in inventory management? Please select the correct answer from the options provided. A .

1. What does Economic Order Quantity (EOQ) represent in inventory management?
Please select the correct answer from the options provided.
A. The total cost of holding inventory over a specific period.
B. The maximum quantity of inventory that can be ordered to minimize holding costs.
C. The optimal order quantity that minimizes the total inventory costs.
D. The minimum quantity of inventory that ensures uninterrupted production.

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