Question: In a basic EOQ model, if the holding cost h is equal to a certain percentage of the procurement cost c, then A) for higher

In a basic EOQ model, if the holding cost h is equal to a certain percentage of the procurement cost c, then

A) for higher c the economic order quantity (EOQ) will be higher

B) for higher c the economic order quantity (EOQ) will be lower

C) for higher c the economic order quantity (EOQ) will remain unchanged

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