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

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?

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