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Question # 67

Which of the following best describes economic order quantity (EOQ)?

Options:

A.

The largest order size that maximizes supplier discounts

B.

The order quantity that minimizes the total cost of ordering and holding inventory

C.

The minimum safety stock level required for operations

D.

The optimal number of suppliers to engage

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CSCP Overview

Name Certified Supply Chain Professional
Code CSCP
Vendor Construction and Industry
Certification Association for Supply Chain Management (ASCM)

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