when ordering a small lot size quantity versus ordering a big lot size. The annual ordering cost will be as the same b. larger smaller d. the minimum amount QUESTION 2 The basic reorder point formula (R=dL) is only used when a using the EOQ model with shortages allowed b. no safety stock is required because there is no uncertainty about d and L the order quantity varies because the periodic review system is being used. d annual demand, D. is known with certainty QUESTION 3 Which cost category will include cost elements such as warehousing, cycle counting, obsolescence, interest, and other related costs. annual carrying costs annual ordering costs. c. annual promotional costs