Question: In the basic EOQ model, if the cost of placing an order quadruples, and all other values remain constant, the EOQ will: 1) increase by

In the basic EOQ model, if the cost of placing an order quadruples, and all other values remain constant, the EOQ will:

1) increase by about 41%. 2) increase by 100%. 3) increase by 200%. 4) increase, but more data is needed to say by how much. 5) either increase or decrease.

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