Question: What does Economic Order Quantity ( EOQ ) represent in inventory management? ( 2 pts ) A ) The maximum quantity of a product a

What does Economic Order Quantity (EOQ) represent in inventory management? (2 pts)A) The maximum quantity of a product a customer should order.B) The minimum quantity of a product a company should keep in stock.C) The optimal order quantity that minimizes total inventory costs.D) The average quantity of products sold in a given time period.E) The total quantity of products a company can produce in a year.

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