Question: Total Stock Administration costs under the EOQ model are the sum of: a. Storage and carrying costs b. Minimum stock costs and reorder quantity c.

Total Stock Administration costs under the EOQ model are the sum of:
a. Storage and carrying costs
b. Minimum stock costs and reorder quantity
c. Carrying costs and reorder level costs
d. Ordering costs and Carrying costs

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The correct answer is d Order ing costs and Car rying costs Total stock administration costs under the EOQ model are the sum of ordering costs and car... View full answer

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