Question: Which choice is INCORRECT about the EOQ model?a . The total cost is stable around the economic order quantityb.EOQ model is suggested for production systemsc.When

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

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