Question: 1a. If you find a valid minimum on a total cost curve, this shows the best order size. Do you think that this is true?

1a. If you find a valid minimum on a total cost curve, this shows the best order size. Do you think that this is true?

1b. Does a finite replenishment rate lead to larger or smaller batches than the economic order quantity?

1c. What does it mean when 1a. If you find a valid minimum on a total cost

DXLC = 2x RC X HC XD

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