Question: QUESTION 2 If a company orders the optimal order amount as determined by EOQ or EPQ, the annual inventory holding costs are: Significantly greater than

QUESTION 2 If a company orders the optimal order amount as determined by EOQ or EPQ, the annual inventory holding costs are: Significantly greater than the annual ordering costs. Equal to, or nearly equal to, the annual ordering costs. Significantly less than the annual ordering costs. There is no way to tell. QUESTION 3 In ABC Analysis, the criteria used to determine whether a part in inventory is classified as A, B, or is: O Cost per item Annual demand Annual holding cost per item Annual ordering cost O Annual dollar value of Inventory purchased

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