Question: In a Periodic Review System, a small value for P results in _______ annual ordering costs, while a large value for P would result in

In a Periodic Review System, a small value for P results in _______ annual ordering costs, while a large value for P would result in ________ orders quantities.

a. High, Larger

b. Low, Smaller

c. Low, Larger

d. High, Smaller

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