Question: Question 1 The economic order quantity model is designed to minimize: Group of answer choices the carrying costs of inventory. production costs. the total costs

Question 1

The economic order quantity model is designed to minimize:

Group of answer choices

the carrying costs of inventory.

production costs.

the total costs of holding inventory.

inventory obsolescence.

Question 2

Which of the following is an inventory cushion against delivery problems?

Group of answer choices

Safety stock

Anticipation inventory

Theoretical inventory

Transit stock

Question 3

In the EOQ model, _________ costs are the variable costs per unit of holding an item of inventory for a specified time period.

Group of answer choices

order

carrying

basic

processing

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