Question: In the basic EOQ model, if both, annual demand and annual holding cost are doubled, the effect on the EOQ is: In the basic EOQ

In the basic EOQ model, if both, annual demand and annual holding cost are doubled, the effect on the EOQ is:

In the basic EOQ model, if both, annual demand and annual holding cost are doubled, the effect on the EOQ is:

It doubles.

It is half of its previous amount.

It is about 70% of its previous amount.

It remains the same.

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