Question: In the basic fixed-order quantity model, if annual demand increases by 200% (i.e. it triples), the effect on the Optimal Order Quantity (EOQ) is: it

In the basic fixed-order quantity model, if annual demand increases by 200% (i.e. it triples), the effect on the Optimal Order Quantity (EOQ) is:

it increases by 41%

increases by about 150 percent

it doubles

it increases by about 73%

it is about 70% of its previous amount

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