Question: Question 3 In the basic EOQ model _ if the cost of placing an order doubles ( S is multiplied by 2 inside the EOQ
Question
In the basic EOQ model if the cost of placing an order doubles S is multiplied by inside the EOQ formula and all other values remain constant, consequently EOQ will:
a increase by about
b increase by
c increase by
d increase, but more data is needed to say by how much
e either increase or decrease
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