ECON 102 QUIZ 2 QUESTIONS AND ANSWERS Study guides, Class notes & Summaries

ECON 102 QUIZ 2 QUESTIONS AND ANSWERS . When using the economic order quantity model A) ordering costs increase as the level of inventory increases. B) carrying costs decrease as the level of inventory increases. C) costs are minimized when total carrying costs and total ordering costs are equal. D) none of the above Difficulty: Medium Type: Conceptual 26. Hedging A) is a way to protect your accounts receivable position. B) increases risk. C) is a legal agreement to buy or sell...