Question: What would be the predicted effect on the economic order quantity ( EOQ ) if demand is forecasted to drop by 5 0 % ?

What would be the predicted effect on the economic order quantity (EOQ) if
demand is forecasted to drop by 50%?(HINT: use the EOQ equation to determine
the effect of a 50% drop in demand on the resulting EOQ estimate).
EOQ decreases by approximately 50%
EOQ decreases by approximately 70%
EOQ increases by approximately 50%
EOQ decreases by approximately 30%
What would be the predicted effect on the economic order quantity

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