1. Total Stock Administration costs under the EOQ model are the sum of:
2. a. Storage and carrying costs
3. 
   
4. b. Minimum stock costs and reorder quantity
5. 
   
6. c. Carrying costs and reorder level costs
7. 
   
8. d. Ordering costs and Carrying costs

Answer rating: 100% (QA)

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 the full answer