Question: The following is a TRUE statement about inventory within a continuous review system A. When service level increases, Economic Order Quantity increases B. When ordering

The following is a TRUE statement about inventory within a continuous review system

A.

When service level increases, Economic Order Quantity increases
B.

When ordering or setup costs decrease, Economic Order Quantity increases
C.

When ordering or setup costs increase, Economic Order Quantity increases
D.

When holding costs increase, Economic Order Quantity increases
E.

When demand decreases, Economic Order Quantity increases

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