Question: In the Economic Order Quantity calculation, which two costs are treated the same? That is, which two would go in the same place in the
In the Economic Order Quantity calculation, which two costs are treated the same? That is, which two would go in the same place in the formula? Hint: the name we give to this cost depends on whether we are making something ourselves or buying from outsiders. Group of answer choices
Price of the item per unit and setup cost Holding cost and ordering cost Storage cost and price of the item per unit Setup cost and ordering cost Price of the item per unit and holding cost
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