Question: Slight increase in the order quantity from the EOQ does not change the total daily inventory cost significantly because The inventory cost does on depend

Slight increase in the order quantity from the EOQ does not change the total daily inventory cost significantly because
The inventory cost does on depend on the order quantity.
The inventory cost curve is usually fairly flat around the EOQ.
The increase in daily ordering cost is compensated by decrease in holding cost.
Both the daily holding and ordering cost will increase, but the increase is usually negligible

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