Question: 1 9 4 pointsA bakery uses the EOQ model to manage the inventory of flour. If the unit holding cost increases by 1 0 %

194 pointsA bakery uses the EOQ model to manage the inventory of flour. If the unit holding cost increases by 10%, how would the E0Q be affected?(Assume K and R do not change.)(Difficulty Level - Medium)EOQ will not change.EOQ will decrease less than 10%.EOQ will increase less than 10%.EOQ will decrease by 10%.EOQ will increase by 10%.

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