Which of the following statements is true?
I. The EOQ should be used with lumpy demand.
II. Transportation cost should be included in the cost of ordering.
III. Anticipation inventory should be built based on capacity and future demand.
A) II and III only are true.
B) I and III only are true.
C) I and II only are true.
D) I, II, III and IV are true.
E) None of the above is true.
A
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