Question: The economic order quantity model selects the order quantity that minimizes the sum of the yearly _____________. Group of answer choices Backorder + Overtime +

The economic order quantity model selects the order quantity that minimizes the sum of the yearly _____________. Group of answer choices Backorder + Overtime + Procurement Costs Hiring + Layoff + Holding Costs Overtime + Subcontracting + Stockout Costs Ordering + Holding + Procurement Costs Holding + Backorder + Procurement Costs

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3. It is the commitment you show that is the deciding factor.

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