Question 9 (1 point) With the EOQ model, the optimal order quantity will occur at the point where the total ordering cost is equal to the total holding cost. True O False Question 10 (1 point) In Economic Order Quantity (EOQ) model, total cost is minimized when a) smaller amounts are ordered more frequently. Ob) total profit is maximized. O c) annual variable costs are equal to annual fixed costs. d) annual holding costs are equal to annual ordering costs. Question 11 (1 point) In the basic Economic Order Quantity (EOQ) model, demand is assumed to be constant. a) True Ob) False Question 12 (1 point) The Warren W. Fisher Computer Corporation purchases 10,000 transistors each year as components in minicomputers. The unit cost of each transistor is $10, and the cost of carrying one transistor in inventory for a year is 25% of the unit cost. Ordering cost is $20 per order. If the lead time is 4 days, at which inventory level should the manager request a delivery (assume basic EOQ is used and the company operates a total of 250 workdays per year)? Your Answer: Answer Question 13 (1 point) In a single-order or single-period inventory system, only one order must be made at the beginning of the period/season/year. True False