Question: Questions: 1. Economic Production Quantity a. Below is a typical EPQ model. Describe what happens at points A, B, C, D, and E. b. What

Questions: 1. Economic Production Quantity a. Below is a typical EPQ model. Describe what happens at points A, B, C, D, and E. b. What does the distance from point A-E represent? c. What does the EPQ model seek to balance and why? d. Describe 2 factors that go into ordering cost and 2 that go into carrying cost. Place your answer here in any color except black)

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