Question: In the basic EOQ model, if annual demand increases by 40%, the effect on the EOQ is: A. It increases by about 18% B. It

In the basic EOQ model, if annual demand increases by 40%, the effect on the EOQ is:

A.

It increases by about 18%
B.

It doubles
C.

It is 40% of its previous amount.
D.

It is half its previous amount.
E.

It is about 40 percent of its previous amount.

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