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
Answers were Sorted based on User's Feedback
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 ? | 58 Yes | 3 No |
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 |
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 |
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 |
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 |
Answer / vaman261978
Answer is a. It minimizes total ordering costs.
Is This Answer Correct ? | 8 Yes | 9 No |
What is TDS
143 Answers Accenture, Accurate Meters, Capital IQ, ICA, ICICI, IIJT, Leo Technologies, Lupin, Microsoft, NCR, Skypak, Somaiya, SS Automation, TCS, Unitherm Engineers, VFC Industries, Way2Wealth,
WHICH IS MORE RISKY TO A BANKER, A CASH CREDIT OR A LETTER OF CREDIT
WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME
Who will be called as consignor
What is Electronic clearances?
3 Answers Capital IQ, Genpact,
A company maintains a margin of safety of 25% on its current sales and earns a profit of Rs. 30 lakhs per annum. If the company has a profit volume (P/V) ratio of 40%, its current sales amount to A. Rs. 200 lakhs; B. Rs. 300 lakhs; C. Rs. 325 lakhs; D. None of the above.
what is your contribution in your organisition
Expand U G A(Allowance in mines)
what will be a journal entry when we received a teliphone bill from air tel and payment of bill.
Two candles of equal lengths and of different thickness are there. The thicker one will last of six hours. The thinner 2 hours less than the thicker one. Ramesh light the two candles at the same time. When he went to bed he saw the thicker one is twice the length of the thinner one. For how long did Ramesh lit two candles ?please describe full description
What is traditional Based Budgeting?
Expand _________AAA