In order for a quantity discount purchase to make sense, the total cost of inventory (acquisition, holding and ordering costs) must be minimized.  True False

In order for a quantity discount purchase to make sense, the total cost of inventory (acquisition, holding and ordering costs) must be minimized.  True False

What is the total inventory-related cost per year? (Note: you need to compute the totalannual ordering costs and annual carrying costs)

Economic Order Quantity is the quantity ordered to minimise the total purchase cost of the inventory.Group of answer choicesTrueFalse

The cost of a natural resource includes all of the following costs EXCEPTSelect answer from the options belowexploration. acquisition. development. extraction.

A store offers a 15% discount on all items. If a toy originally costs ₱200, how much will it cost after the discount?Question 5AnswerA.₱300B.₱215C.₱185D.₱170