Question: A firm has calculated an EOQ quantity for an item as 3000 units. A decision is made to order in lots of 3300 units. Which

A firm has calculated an EOQ quantity for an item
A firm has calculated an EOQ quantity for an item as 3000 units. A decision is made to order in lots of 3300 units. Which of the following would be true? Service level will decrease Annual ordering cost will be greater than annual carrying cost Unit carrying cost will be greater than the cost per order Larger number of orders will need to be placed each year Annual carrying cost will be greater than annual ordering cost

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