Question 1 Which of the following statements about the basic EOQ model is true? Not yet answered Marked out of 1.00 P Flag question Select one: O a. All of the choices listed. O b. If annual demand were to double, the EOQ would increase c. If the carrying cost were to increase, the EOQ would fall. O d. If annual demand were to double, the number of orders per year would increase Oe. If the ordering cost were to double, the EOQ would rise. 47 When ordering a quantity less than EOQ, total cost will be reduced. Select one: O a. False O b. True