Question: Question 1 If holding costs increased, would your order quantities tend to be a ) larger, b ) smaller, or c ) the same? Question

Question 1If holding costs increased, would your order quantities tend to be a) larger, b) smaller, or c) the same?
Question 2If ordering costs increased, would your order quantities tend to be a) larger, b) smaller, or c) the same?
Question 3Assume you could get next-day delivery for a small additional fee. That is, you could order on any day and the order would be delivered the next day rather than having to wait until the end of the week to place your order. For which product would that be most helpful in lowering inventory costs? a) wrenches, b) rock salt, c) it doesn't matter.

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