Question: The economic order quantity ( EOQ ) calculation is made using the following formula. where H = ( h + r ) C and h

The economic order quantity (EOQ) calculation is made using the following formula.
where H=(h+r)C and h = physical holding cost rate and r = cost of money and C = cost to purchase item.
Total Annual Cost of Inventory-1.pptx Download Total Annual Cost of Inventory-1.pptx
Which of the following is the best description of "H"?

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