The primary objective in determining the Economic Order Quantity (EOC) for an item is to: O minimize the total inventory cost for that item. O minimize the quantity of the item ordered from the supplier each time. order the item from a supplier located in close proximity, maximize the time between orders. find a quick and easy way to answer the lot sizing question, regardless of whether the demand for the item is dependent or independent In a process-oriented layout, we would expect higher fixed costs than in a product-oriented layout, because more specialized machines are more costly. True False