Question: A product whose EOQ is 40 units experiences a decrease in ordering cost from $90 per order to $22.5 per order. The revised EOQ is:
A product whose EOQ is 40 units experiences a decrease in ordering cost from $90 per order to $22.5 per order. The revised EOQ is:
a) three times as large.
b) one-third as large.
c) nine times as large.
d) one-ninth as large.
e) half as large.
f) cannot be determined.
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