Question: A bakery uses the EOQ model to manage the inventory of flour. If the unit holding cost increases by 10%, how would the EOQ be

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

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