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

Using an economic order quantity (EOQ) model, if the cost to place an order doubles while all other variables remain the same, what is the percentage change in the EOQ value?

		The EOQ value increases by 50%.
		The EOQ value decreases by 29.3%.
		The EOQ value increases by 29.3%.
		The EOQ value increases by 41.4%.

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