For a quantity discount problem,the order quantity selected is the one that minimizes the total annual _________ cost.
A)inventory
B)carrying
C)ordering
D)purchase

Question

Quizplus · Accepted Answer

The total annual cost is the sum of the inventory carrying cost and the ordering cost. The order quantity that minimizes the total annual cost is the one that minimizes the sum of these two costs.

For a Quantity Discount Problem,the Order Quantity Selected Is the One