Question: For the basic EOQ model, which of the following relationships is not true? A. At EOQ, annual ordering cost equals annual carrying cost. B. The

For the basic EOQ model, which of the following relationships is not true?

A. At EOQ, annual ordering cost equals annual carrying cost.

B. The optimal number of orders per year equals annual demand divided by the EOQ.

C. The average dollar level of inventory equals unit price multiplied by order quantity.

D. The reorder point equals daily demand multiplied by the lead-time in days, excluding safety stock.

E. Average inventory level equals one-half the order size.

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