Question: Consider the graph below related to the EOQ ( Hint: though note labeled, the various lines represent ( 1 ) ordering costs, ( 2 )
Consider the graph below related to the EOQ Hint: though note labeled, the various lines represent ordering costs, holding costs and total costs what happens to the optimal order quantity when the ordering cost increase?
The optimal order quantity remains unchanged
The optimal order quantity increases
The optimal order quantity decreases
It's not possible to determine an answer to this.
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