Question: Using an economic order quantity (EOQ) model, if the cost to place an order triples while all other variables remain the same, what is the

Using an economic order quantity (EOQ) model, if the cost to place an order triples while all other variables remain the same, what is the percentage change in the EOQ value? Select the closest answer. The EOQ value increases by 73%. The EOQ value decreases by 29%. The EOQ value increases by 29%. The EOQ value increases by 42%

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