Your boss is not happy with your computed EOQ for an expensive item. You have already reduced ordering costs to the bare minimum possible. What should you typically do next to try to lower the EOQ figure (hint: which is easier to do and more in our control)? Work to reduce customer demand. Work to estimate internal holding costs more accurately - which action has been seen to typically result in an increase in holding costs Work to reduce supplier price Work to obtain additional loan capital to be able to fund ordering the currently computed EO