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What is Economic Order Quantity?

Looking for the answer to the question below related to Financial Management?

What is Economic Order Quantity?

 Options:

A. Cost of an Order
B. Cost of Stock
C. Reorder level
D. Optimum order size

 

The Correct Answer Is:

  • D. Optimum order size

 

Conclusion

I hope you got the answer to your question.

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