Economic order quantity is used to optimize:

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 size of an order for both ordering and carrying cost are minium is optimize an Economic Ordering quantity :- C. Both

The correct answer is C, because EOQ (Economic Order Quantity) minimizes carrying and ordering cost.