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A. Carrying cost
B. Ordering cost
C. Both
D. None of above
EOQ will optimize both Carrying Cost and Ordering Cost. Thus, option C is the right answer.
Option C================================
C. Both >>>>>>>>>>>>>>>>>>>>>>>>>>>>
Option C is the right answer
Thanks for invitation..
Economic order quantity is used to optimise ordering and carrying costs of inventory. EOQ represents the size of the order for which both ordering and carrying costs together are minimum. If purchases are made in large quantities, inventory carrying cost will be high. If the order size is small, ordering cost will be high. Hence, it is necessary to determine the order quantity for which ordering and carrying costs are minimum.
So, the answer is (C).
thanks for the invitation
Answer ( C ) Both
With my best wishes to you
i fully agree with answer no 3
Economic order quantity is used to optimize the ordering cost.
my choice is option " C " Both
The correct answer is C, because EOQ (Economic Order Quantity) minimizes carrying and ordering cost.