Order quantity under the basic eoq model assumptions

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Reference no: EM131790271

1. The average in-transit inventory is _____ the order quantity under the basic EOQ model assumptions.

A. larger than

B. the same as

C. not related to

D. a fraction of

2. The carrying cost per dollar of inventory in-transit is usually ____ that of the warehouse inventory

A. greater

B. equal to

C. less than

D. more than double

Reference no: EM131790271

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