the economic order quantity is:

total inventory cost is:

demand is:

carrying and ordering costs are:

The economic order quantity is: the number of units that should be in each ordered to minimize total annual inventory cost the number or orders and units to be ordered to minimize carrying cost the frequency of when orders should be made to minimize inventory cost the number of orders per year that minimizes ordering cost Total inventory cost is: annual ordering cost divided by the cost to carry one unit the sum of annual ordering cost and annual carrying cost annual ordering cost times the number of annual orders unit carrying cost times the cost to place an order Demand is: the number of units available for an internal customer to use the number of units that meets customer needs the number of units used internally for producing a final good the number of units available for customers to purchase Carrying and ordering costs are: cost of holding a single unit in inventory and placing an order cost of placing a unit in inventory and total cost of producing one unit cost of placing a unit in inventory and total cost of production none of these option are correct