ENTREPRENEURSHIP

Detailed explanation-1: -It is also called stock control. Economic order quantity has minimum total cost per order, its inventory carrying costs increases with quantity per order and its Ordering cost decreases with lo size. Hence, the correct answer among all the options is option d) All of the above.

Detailed explanation-2: -Are supplies considered inventory? No. Supplies are the items used to run the daily operations of a business (such as paper, labels, or boxes), whereas inventory items are the end products that you will eventually sell to your customers.