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11. EOQ is the order quantity that========== over our
planning horizon
a) Minimizes total ordering costs
b) Minimizes total carrying costs
c) Minimizes total inventory costs
d) The required safety stock

Question Posted / kadire

Answers were Sorted based on User's Feedback



11. EOQ is the order quantity that========== over our planning horizon a) Minimizes total order..

Answer / s.k. pradhan

Eoq is the technique to determine the most profitable order
quantity with minimum cost.So it minimize total inventory
costs.i.e. (c)

Is This Answer Correct ?    59 Yes 3 No

11. EOQ is the order quantity that========== over our planning horizon a) Minimizes total order..

Answer / mayur

c) Minimizes total inventory costs

Is This Answer Correct ?    25 Yes 3 No

11. EOQ is the order quantity that========== over our planning horizon a) Minimizes total order..

Answer / suresh

c)minimizes the total inventory costs

Is This Answer Correct ?    12 Yes 3 No

11. EOQ is the order quantity that========== over our planning horizon a) Minimizes total order..

Answer / haji

Economic order quantity is the level of inventory that minimizes the total inventory holding costs and ordering costs.

Here it is said that inventory holding costs but not only the inventory cost, so the most perfect answer is " Minimizes total Ordering Costs"

Is This Answer Correct ?    10 Yes 3 No

11. EOQ is the order quantity that========== over our planning horizon a) Minimizes total order..

Answer / khayamuddin

An inventory-related equation that determines the optimum
order quantity that a company should hold in its inventory
given a set cost of production, demand rate and other
variables. This is done to minimize variable inventory
costs.

Is This Answer Correct ?    5 Yes 1 No

11. EOQ is the order quantity that========== over our planning horizon a) Minimizes total order..

Answer / bhaskararao

econamic quantity order is entirely based on quqntit yo fan
order and it deals not only holding cost (maintinence of
w/h,power,.....)it also based on the order cost, so i think
the best possibleanswr is (a) thatis it reduce the total
order costs

Is This Answer Correct ?    2 Yes 1 No

11. EOQ is the order quantity that========== over our planning horizon a) Minimizes total order..

Answer / muhammed

Economic order quantity is the level of inventory that
minimizes the total inventory holding costs and ordering costs.

Is This Answer Correct ?    2 Yes 1 No

11. EOQ is the order quantity that========== over our planning horizon a) Minimizes total order..

Answer / aakash thakur

(B) - Minimum total carrying costs

Is This Answer Correct ?    1 Yes 1 No

11. EOQ is the order quantity that========== over our planning horizon a) Minimizes total order..

Answer / vaman261978

Answer is a. It minimizes total ordering costs.

Is This Answer Correct ?    8 Yes 9 No

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