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The size of order that minimises the total cost of acquiring and holding stock is...

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The size of order that minimises the total cost of acquiring and holding stock is known as...

A.

Order quantity

B.

Economic Order Quantity

C.

The correct quantity

D.

Average stock

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  • Vendor: CIPS
  • Product: L4M7
  • Update on: Dec 28, 2025
  • Questions: 294
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Which of the following is an assumption of economic-order-quantity model?
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TESTED 28 Dec 2025