(iii) EOQ is the quantity correponding to the point of inteersection of carrying cost
line and ordeing cost line
(iv) At EOQ the total cost will be highest
A:-All statements are true
B:-Statement III alone is True
C:-Statements I, II and Ill are True
D:-Statements III and IV are True
Correct Answer:- Option-C
Question39:-Maximum consumption is 230 units, Minimum consumption is 180
units, Average consumption is 200 units, Maximum Reorder period is 15 ....
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