Which of the following would affect the optimal level of inventory?(1) Holding cost per unit of inventory(2) Current level of inventory(3) Cost of placing an order for inventory(4) Demand
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9 .
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10 .Which of the following statements about the economic order quantity (EOQ) and the reorder level (ROL) are true?
A The EQO determines the ROL B The ROL determines the EOQ C Both are influnced by demand D Both are influnced by lead time
