Question: this is a review which one is wrong Submission Score: 4/5 (80.00%) Grade Time: Mar 30 at 21:50 Submitted On: Mar 30 at 21:50 1

this is a review which one is wrong

this is a review which one is wrong Submissionthis is a review which one is wrong Submission

Submission Score: 4/5 (80.00%) Grade Time: Mar 30 at 21:50 Submitted On: Mar 30 at 21:50 1 According to the EOQ model, what happens when your order quantity increases? Total annual costs increase Average cycle inventory increases The value of H increases Annual ordering costs increase Which of the following is the most effective way to reduce your order quantity (O)? Reduce the cost of carrying inventory Sell less Reduce the order cost Increase the unit price 1. If D = 30 units/weck, K = $120/order, and H=$1.5/unit/year, the EOQ will be approximately equal to assume 52 weeks) 322 500 408 69 The optimal order quantity occurs when your ordering costs are twice the size of your inventory carrying costs. True False 5 The assumptions of the EOQ model are not very realistic, but the model is quite robust. True False

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