Question: The picture on the left shows a typical inventory graph when demand is stable over time. The picture on the right shows that the Economic

The picture on the left shows a typical inventory graph when demand is stable over time. The picture on the right shows that the Economic Order Quantity is reached at the point where the holding cost and the setun cost are equal.
1 qtr, or 1wk, or 1 day, etc.
The moment in time when an order of size EOQ arrives
The holding costs
The rate of consumption
The setup costs
The picture on the left shows a typical inventory graph when

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