Question: A product whose EOQ is 400 units experiences a 50% increase in demand. The new EOQ is: (SHOW ALL THE WORK TO ARRIVE AT YOUR

A product whose EOQ is 400 units experiences a 50% increase in demand. The new EOQ is: (SHOW ALL THE WORK TO ARRIVE AT YOUR ANSWER.) (Use Mathematical terms to prove that the answer is correct)

Unchanged.

Increased by less than 50%

Increased by 50%.

Increased by more than 50%.

Cannot be determined.

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