Question

Which one of the following is a TRUE statement concerning the relationship between
holding and ordering costs in the basic EOQ model?
(A) The two are always equal at the EOQ.
(B) Holding cost is sometimes equal to ordering cost, and sometimes greater at the EOQ.
(C) Holding cost is sometimes equal to ordering cost, and sometimes less at the EOQ.
(D) There is no relationship between the two.
DAN
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Answer 1

Explanation:

After the release of the ovum, the remains of follicle convert into the corpus luteum which produces progesterone and prepares the reproductive organs for pregnancy. If there is no fertilization, the corpus luteum degenerates on 24th day of the cycle and on it's place remains tiny scar

Answer 2

Answer:

Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs. This production-scheduling model was developed in 1913 by Ford W. Harris and has been refined over time.1 The formula assumes that demand, ordering, and holding costs all remain constant.