Question: Question 24 (2 points) As discussed in class, using the EOQ formula provides an optimal replenishment quantity that minimizes the sum of: O a) Stockout

Question 24 (2 points) As discussed in class,

Question 24 (2 points) As discussed in class, using the EOQ formula provides an optimal replenishment quantity that minimizes the sum of: O a) Stockout cost & inventory carrying cost Ob) Procurement cost & order/setup cost Oc) Procurement cost & inventory carrying cost O d) Order/setup cost & inventory carrying cost O e) Stockout cost & order/setup cost

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