Question: In the basic EOQ model, if annual demand doubles, the effect on the EOQ is: a . It doubles. b . It is four times

In the basic EOQ model, if annual demand doubles, the effect on the EOQ is:
a. It doubles.
b. It is four times its previous amount.
c. It is half its previous amount.
d. It is about 70 percent of its previous amount.
e. It increases by about 40 percent.

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