By what factor is EOQ affected if the demand, order cost both double, whereas holding cost becomes half? 0 1.414 times O 2 times O 2.828 times 0 4 times O 8 times Que 1 pts Which of the following is not true in the context of the EOQ modeling framework? The slope at EOQ in the plot between total inventory cost and quantity is zero O EOQ model is robust Holding cost and Ordering cost are same at EOQ Ordering cost decreases with a general quantity, Q O Holding cost exponentially increases with a general quantity, Q Que 1 pts How can organizations change their current EOQ if interest rates drop and other parameters don't change? Increase O Cannot say O Decrease O None of the remaining choices Keep it unchanged Qu O 1 pts Service level in a continuous inventory system is the probability that stock-out occurs during the lead time. O False O True O Cannot say 1 pts The customers' good perception about the airline dropped due to the overbooking policy followed by the airline. Which of the following costs gets affected by drawing similarities between the Newsvendor model and airline overbooking? Overstocking cost None of the remaining choices O Purchase cost Under-stocking cost Under-stocking & Overstocking cost