Question: QUESTION 20 Which of the following statements about the basic economic order quantity model EOQ = (2*K*R/h) is true? (Select all that apply.) If the

QUESTION 20

  1. Which of the following statements about the basic economic order quantity model EOQ = (2*K*R/h) is true? (Select all that apply.)

    If the cost K to place an order were to double, EOQ would rise.

    If the annual demand R were to double, EOQ would increase.

    If the annual demand R were to double, the number of orders per year would increase.

    If the opportunity cost h to hold one unit for a year were to increase, EOQ would fall.

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