What Is the Objective of Economic Order Quantity

question 185

Multiple Choice

What is the objective of economic order quantity?

• A)minimize the sum of carrying costs and order costs for the period.
• B)maximize the sum of carrying costs and order costs for the period.
• C)minimize carrying costs and maximize order costs for the period.
• D)maximize carrying costs and minimize order costs for the period.

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Definitions:

Antihistamine

A type of medication used to treat allergic reactions by blocking the action of histamine, a substance in the body that causes symptoms like itching, swelling, and runny nose.

Blood Transfusion

The process of transferring blood or blood products from one person (the donor) into another person’s (the recipient's) bloodstream.

Air Embolus

A dangerous medical condition occurring when an air bubble enters a vein or artery and blocks it, which can lead to pain, serious injury, and even death if not treated immediately.

Trendelenburg

A position where the patient is laid flat on the back with the legs elevated higher than the head, often used in medical settings to improve venous return to the heart.