Question: The primary purpose of the basic economic order quantity model shown below is Q = square root of ( ( 2 D S / H

The primary purpose of the basic economic order quantity model shown below is
Q= square root of ((2 D S/H))
to minimize the sum of carrying cost and holding cost.
to calculate the optimum safety stock.
to maximize the customer service level.
to minimize the sum of setup cost and holding cost.
to calculate the reorder point, so that replenishments take place at the proper time.

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