Question: In the EOQ model, total inventory cost is at the minimum when: Group of answer choices annual holding cost is equal to annual ordering cost.

In the EOQ model, total inventory cost is at the minimum when:

Group of answer choices

annual holding cost is equal to annual ordering cost.

annual holding cost is equal to minimum inventory cost.

annual carrying cost is equal to maximum inventory cost

fixed ordering cost equals to carrying cost per unit.

None of these

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