the primary purpose of the Economic Order Quantity (EOQ) model is to: A. Maximize the customer...

the primary purpose of the Economic Order Quantity (EOQ) model is to:

A. Maximize the customer service level

B. Calculate the reorder point, so that replenishment take place at the proper time

C. Calculate the optimum safety stock level

D. None of these answers

Expert Solution

The correct option is D. None of these answers as the primary purpose of EOQ is to minimize the inventory cost.

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keosha answered 2 years ago

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