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Figure 7-1 Use the Graph Below to Answer the Question(s)

question 44

Multiple Choice

Figure 7-1
Use the graph below to answer the question(s) . Figure 7-1 Use the graph below to answer the question(s) .   -Which of the following is TRUE in relation to Figure 7-1? A) Curve J represents the annual ordering cost,and curve K represents the annual holding cost. B) A lot size of G has an annual total cost of about C. C) At lot size H both holding costs and ordering costs exceed the annual total cost. D) The EOQ is most likely lot size G,and curve L is the annual ordering cost curve.
-Which of the following is TRUE in relation to Figure 7-1?

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