In EOQ model, the average inventory is defined as the order quantity divided by 2

Market-based businesses differ from product-focused businesses in that market-based businesses ________

A) focus on products and services B) are providers of solutions C) have a narrow view of customers' underlying problems D) lack a strong customer focus E) lack knowledge of customer usage

Competitors who agree that each will serve only a designated portion of the market are deemed to be engaging in a group boycott

Indicate whether the statement is true or false