Question: In the EOQ model with normally distributed demand and positive lead time, if the order lead time increases (while everything else stays the same,

< In the EOQ model with normally distributed

In the EOQ model with normally distributed demand and positive lead time, if the order lead time increases (while everything else stays the same, including all cost parameters, the service level and the daily demand distribution), the firm needs to hold inventory on average. the same amount of less more

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