Question 1 5 pts Consider an EOQ and a POQ model. Annual demand is the same. Cost to hold a single unit in inventory is the same. The cost of placing an order is the same as is the cost of setting up a production run. If EOQ and POQ are the same, why are they the same? If they are different, which is larger and why is one larger than the other? EOQ less than POQ POO has lower average Inventory because Inventory can be consumed before production is complete.less inwentary leads to lower holdine cost. To balance lower holding cost withardering cast you should order more POQ less than EOQ POQ has Nghertotal holding cast because inventory accumulates during the production phase prior to use. You should have shorter production runs to avoid this holding cost. POQ less than EOQ POQhas lower avere inventory because inventory accumulates rather than arriving instantaneously. To balance lower holding cost with ordering cost you should orderless EOQ less than POQPOQ has higher total holding cost because inventory accumulates during the production phase prior to use. You should have longer production runs to make up for this extra cost by placing fewer EO POQ All of the numbers are the same, so you should get the same result