When graphing the EOQ, which of the following statements is false?

A. Average inventory on hand results in higher holding costs.
B. As order size increases, so does average inventory on hand.
C. Holding costs are a downward sloping line to the right.
D. The EOQ is represented by the minimum total cost.
E. Ordering costs are a downward sloping line to the right.


Answer: C

Business

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