Assuming no quantity discounts, what is true about the relationship between annual holding costs and annual ordering costs at the minimal total cost?

Assuming no quantity discounts, what is true about the relationship between annual holding costs and annual ordering costs at the minimal total cost?
A .  annual holding costs is less than annual ordering costs
B .  annual holding costs is greater than annual ordering costs
C .  annual holding costs equals annual ordering costs
D .  cannot tell the relationship between the annual holding costs and annual ordering costs

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Answer: C