Question: The formula for ordering cost is the Select one: a. number of orders per year x cost of placing an order b. number of orders

The formula for ordering cost is the

Select one:

a. number of orders per year x cost of placing an order

b. number of orders per year / cost of placing an order.

c. average number of units in inventory x cost of carrying one unit in inventory.

d. average number of units in inventory / cost of carrying one unit in inventory.

e. ordering cost + carrying cost.

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