Question: Considering our discussion on inventory, in the basic EOQ model, if the cost of placing an order triples ( increases by 3 times ) ,
Considering our discussion on inventory, in the basic EOQ model, if the cost of placing an order triples increases by times and all other values remain constant, the EOQ will:
Group of answer choices
either increase or decrease
increase by double
increase by
increase, but more data is needed to say by how much
increase by about
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