Question: The primary purpose of the basic economic order quantity model is * 2 points to calculate the reorder point, so that replenishments take place at

The primary purpose of the basic economic order quantity model is
*
2 points
to calculate the reorder point, so that replenishments take place at the proper time
to calculate the optimum safety stock
to minimize the sum of setup cost and holding cost
to minimize the sum of carrying cost and holding cost
to maximize the customer service level

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