EOQ identifies:
A) how much to order
B) when to place the order
C) where to order from
D) who should be in charge of ordering

Name: EOQ identifies: A) how much to order B) when to place the order C) where to order from D) who should be in charge of ordering
Brand: Quizplus
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Question

Quizplus · Accepted Answer

EOQ (Economic Order Quantity) specifically identifies how much to order in order to minimize inventory holding costs and ordering costs. The other choices (B, C, and D) are not directly related to EOQ.

EOQ Identifies