Question: 1. Multiple answer Select the correct statements. a. If demand quadruples, the basic economic order quantity doubles. b. If the ordering cost per order quadruples,

1. Multiple answer Select the correct statements.

a. If demand quadruples, the basic economic order quantity doubles.

b. If the ordering cost per order quadruples, the basic economic order quantity doubles.

c. If the annual holding cost per unit quadruples, the basic economic order quantity doubles.

d. If demand quadruples, the basic economic order quantity decreases by a factor of 2.

2. A companys output is 2000 units. It has a multi-factor productivity for the combined inputs of labour and materials of 1 unit per dollar of input, and a single-factor productivity for the input of labour of 4 units per dollar of input. What is the input of materials?

a. $1500

b. $2000

c. $500

d. $1000

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