Question: Question 26 (1 point) A firm uses the EOQ model to manage its inventory of a popular product. Suppose that demand variability is negligible (i.e.,

Question 26 (1 point) A firm uses the EOQ model

Question 26 (1 point) A firm uses the EOQ model to manage its inventory of a popular product. Suppose that demand variability is negligible (i.e., demand rate is constant), and lead time is a fixed duration of time. If annual demand has increased but the firm still uses the same order size as before, the total annual inventory holding cost will Note: All cost parameters remain unchanged. increase remain the same cannot be determined decrease

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