Question: Given an EOQ model problem, if the Optimal Order Quantity is ordered, then the total variable cost, including holding cost and ordering cost, is minimized.

Given an EOQ model problem, if the Optimal Order Quantity is ordered, then the total variable cost, including holding cost and ordering cost, is minimized.

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True

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False

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Sometimes it is true. but not always.

Given an EOQ model problem, if the Optimal Order Quantity is

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