Which statement is not true? In the EOQ model, we try to find the order quantity to minimize the total inventory cost per period. When the demand is deterministic and variable, EOQ is the model to use. In the EOQ model, we assume there is infinite capacity. In the EOQ model, an order or a production run will occur a fixed order or setup cost. Question 6 1 pts Jack is managing the vaccine for coronavirus for a clinic. Since the demand is always at capacity it is constant. The capacity is 3000 patients per month. Each patient needs one dose. Every time Jack place an order, he needs to pay a fixed ordering cost of $500. Since the vaccine needs refrigeration, it cost $1 per dose per month to hold. The unit cost per dose is $100. The interest rate is close to zero, therefore, the capital cost is negligible. Jack wants to determine how many doses to order to minimize the total inventory cost. Which of the following statement is not true? It is an EOQ problem. If the order quantity is 500 , the average inventory is 250 . If the order quantity is 500 , we will order 6 times per month. If the order quantity is 500 , the total inventory cost excluding the purchasing cost is 4000