If the order quantity is lesser than EOQ Ordering cost decreases Holding cost decrease Both Ordeng cost and Holding cost decreases Depends on company in two bin system order is placed when both bin's are empty for effective inventory manag True False In EPQ model is feasible when Production quantity is more than usage rate Production quantity is less than usage rate Production quantity is equal to usage rate Production quantity has no relation with the usage rate The costs involved in preparing equipment for a job is associated with EDO EPO ROP ABC analysis 100 models is developed to cover up when many products are produced is involved True