In the basic EOQ model, if the cost of placing an order doubles and unit cost reduces
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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, 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 how much.
e) either increase or decrease.
f) None of the above
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