Question: A company always determines its order quantity for a raw material by using the Economic Order Quantity ( EOQ ) model. What would be the

A company always determines its order quantity for a raw material by using the Economic Order Quantity (EOQ) model. What would be the effects on the EOQ and the total annual holding cost of a decrease in the cost of ordering a batch of raw material?
A EOQ Higher; Annual holding cost Lower.
B EOQ Higher; Annual holding cost Higher.
C EOQ Lower; Annual holding cost Higher.
D EOQ Lower; Annual holding cost Lower.
A company always determines its order quantity for a raw material

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