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:
- three times as large.
- one-third as large.
- nine times as large.
- one-ninth as large.
- half as large.
- cannot be determined.
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