Reference no: EM132778107
Problem 1: The total costs of cash balances are:
A. Variable costs ang fixed costs
B. Carrying costs and ordering costs
C. Holding costs and transaction costs
D. None of the above
Problem 2: The economic order quantity formula assumes that
A. Periodic demand for the good is known.
B. Carrying cost per unit vary with quantity ordered.
C. Costs of placing an order vary with quantity ordered.
D. purchase costs per unit differ due to quantity discounts.
Problem 3: Inventory costs are:
A. Holding costs and transaction costs
B. Carrying costs and ordering costs
C. Variable costs ang fixed costs
D. None of the above