Question: = Problem 2 (15 points) For the basic EOQ model, use the formula Q* to determine how Q* would change in the case of each

= Problem 2 (15 points) For the basic EOQ model,

= Problem 2 (15 points) For the basic EOQ model, use the formula Q* to determine how Q* would change in the case of each of the following changes in the costs or the demand rate. (Consider each change independently.) 2KX h (a) The set up (fixed) cost becomes four times as large as its original value. (b) The demand rate is reduced to 25 percent of its original value. (c) The unit holding cost becomes four times as large as its original value

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