Question: In the basic EOQ model, if the cost of placing an order doubles and unit cost reduces by half, and all other values remain constant,

In the basic EOQ model, if the cost of placing an order doubles and unit cost reduces by half, and all other values remain constant, the EOQ will:

a) increase by about 41%

b) increase by 100%

c) increase by 200%

d) increase, but more data is needed to say by how much

e) neither increase or decrease

f) none of the above

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