The simplest version of the economic order quantity (EOQ)model incorporates only ordering costs,carrying costs and purchasing costs into the calculation.

Name: The simplest version of the economic order quantity (EOQ)model incorporates only ordering costs,carrying costs and purchasing costs into the calculation.
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The simplest version of the EOQ model incorporates only ordering costs and carrying costs into the calculation, not purchasing costs.

The Simplest Version of the Economic Order Quantity (EOQ)model Incorporates