In the EOQ Model,if Our Order Quantity Is Greater Than

question 40

Multiple Choice

In the EOQ model,if our order quantity is greater than the economic order quantity,then ______.

• A)the annual holding costs will be the same or lower than the annual ordering costs
• B)the annual holding costs will be the same as the annual ordering costs
• C)the annual holding costs will be higher than the annual ordering costs
• D)the annual holding costs will be lower than the annual ordering costs

---

Definitions:

Emergent Norm Theory

Collective behaviour is regulated by norms based on distinctive behaviour that arises in the initially normless crowd.

Norm-Governed Behaviour

Actions or behaviors that are regulated by the norms or rules of a society or group, ensuring compatibility and cohesion within the group.

Collective Action

Activities or efforts undertaken by a group of people with the aim of achieving a common goal.

Deindividuation

This refers to a psychological state where individuals within a group lose self-awareness and the sense of individuality, leading to uninhibited and sometimes antisocial behavior.