Which one is false about the assumptions of basic EOQ model that we discussed in the class. Demand is known with certainty and changes over time The order quantity is received all at once Lead time for the receipt of orders is constant No shortages are allowed The primary objective in determining the Economic Order Quantity (EOQ) for an item is to: O minimize the total inventory cost for that item. o minimize the quantity of the item ordered from the supplier each time. order the item from a supplier located in close proximity. O maximize the time between orders. find a quick and easy way to answer the lot sizing question, regardless of whether the demand for the item is dependent or independent