Question: In the basic EOQ model, the new EOQ after a -19% change in demand is 340. What was the prior EOQ before this demand increase
In the basic EOQ model, the new EOQ after a -19% change in demand is 340. What was the prior EOQ before this demand increase assuming all, other cost remained unchanged? Round up/down to nearest integer value.
| a. | b. | c. | d. | e. | f. |
| 236 | 272 | 283 | 304 | 378 | 420 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
