Question: Question 2: In the EOQ model, let Q and C denote the optimal order quantity and the corresponding minimum total annual cost (sum of the

Question 2: In the EOQ model, let Q and C denote the optimal order quantity and the corresponding minimum total annual cost (sum of the holding cost and ordering cost). If the order quantity becomes 2Q, then what will be the corresponding minimum total annual cost? ( Hint: With EOQ, the holding cost equals ordering cost )

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