Question: In the basic EOQ model, if the cost of placing an order doubles, and all other values remain the same, the EOQ will: 1 -

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

1 - Increase, but exact percentage is unknown.

2 - Increase by about 41%

3 - Increase by 200%

4 - Either increase or decrease.

5- Increase by 100%

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