Question: Economic Order Quantity (EOQ) is the order quantity that minimizes the total holding costs and ordering costs.1) If the unit holding cost H were to

Economic Order Quantity (EOQ) is the order quantity that minimizes the total holding costs and ordering costs.1) If the unit holding cost H were to double, how would the optimal order quantity, the annual setup cost and the annual holding cost change? 2) What are the managerial implications of these changes? need clear explanation step by step

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