Question: Which choice is INCORRECT about the EOQ model? a . The purchasing cost can affect the Q * when price of the product is changing

Which choice is INCORRECT about the EOQ model?
a.
The purchasing cost can affect the Q* when price of the product is changing
b.
When the demand of product increases by 4 times, then the Q* doubles
c.
EOQ model is suggested for production systems
d.
The total cost is stable around the economic order quantity

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