Question: How does Economic Order Quantity ( EOQ ) contribute to efficient inventory management in MRP ? By minimizing holding costs and ordering costs to achieve

How does Economic Order Quantity (EOQ) contribute to efficient inventory management in MRP?
By minimizing holding costs and ordering costs to achieve the most cost-effective order quantity
By encouraging large order quantities to minimize ordering frequency
By disregarding the impact of order quantities on inventory costs
By relying solely on automated ordering systems
 How does Economic Order Quantity (EOQ) contribute to efficient inventory management

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