Question: (1) Why is the EOQ problem still challenging even when the demand is deterministic? (2) Regarding the EOQ problem with production, the optimal inventory level

(1) Why is the EOQ problem still challenging even when the demand is deterministic? (2) Regarding the EOQ problem with production, the optimal inventory level at which production should stop is (higher than / lower than / equal to / not related to) the standard EOQ. (3) If there is a positive lead time when demand is NOT random, the optimal order quantity is (higher than / lower than / equal to / not related to) the standard EOQ. (4) If there is a positive lead time when demand is random, the optimal order quantity is (higher than / lower than / equal to / not related to) the standard EOQ.

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