Average Inventory in the Economic Order Quantity (EOQ) Model Is

question 92

Multiple Choice

Average inventory in the economic order quantity (EOQ) model is defined as:

• A) the order quantity divided by the number of inventory cycles per year.
• B) the annual usage divided by the number of inventory cycles per year.
• C) one-half of the order quantity.
• D) one-half of the annual usage.

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