Question: In the basic EOQ model, if the cost of placing an order doubles ( 5 is multiplied by 2 inside the EOQ formula ) ,
In the basic EOQ model, if the cost of placing an order doubles is multiplied by inside the EOQ formula and all other valbess remain constant, consequently EOQ will:
a increase by about
b increase by
c increase by
d increase, but more data is needed to say by how much
e either increase or decrease
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