What is one difference between the EOQ and EPQ models for determining the most economic quantity to order?

Group of answer choices

EPQ assumes that usage occurs continually, but production only occurs periodically

The intention in EOQ is minimize cost while the intention in EPQ is to maximize profit

There are no differences between EOQ and EPQ both require the same data and give the same result.

EOQ assumes that a significant quantity of safety stock will be held while EPQ does not use safety stock.

In EOQ the inventory is level while in EPQ the inventory is a wave pattern (cyclical).