Answer Detail: RE: EOQ Carrying Cost

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Question: EOQ Carrying Cost

Answer: In EOQ, is Carrying cost is more, less or equal to Ordering cost, Explain?

July 07, 2009 15:14:21	#1
pallapu99	Member Since: July 2009 Total Comments: 1
RE: EOQ Carrying Cost
EOQ is the quantity of order where we can incurr the minimun inventory cost. at this level of purchse both total Carring and total ordering are equal since it is optimum level of ordering quantity.