Question: The basic EOQ model is based on the basic Order-Reorder-Replenishment cycle. Therefore, we know that the following statement about the basic EOQ model is not

The basic EOQ model is based on the basic

The basic EOQ model is based on the basic Order-Reorder-Replenishment cycle. Therefore, we know that the following statement about the basic EOQ model is not true: Demand is constant over time. Lead time is either zero or fixed. Inventory builds up over time. Production is instantaneous. Question 7 1 pts All else remaining the same, if the demand rate D increases, the EOQ will increase decrease stay the same none of the above

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