Question: Which of the following statements about the basic EOQ model is NOT TRUE? Question 2 options: If annual demand were to double, the number of

Which of the following statements about the basic EOQ model is NOT TRUE?

Question 2 options:

If annual demand were to double, the number of orders per year would increase.

If the carrying cost were to increase, the EOQ would fall.

If the ordering cost were to double, the EOQ would either rise or fall.

If annual demand were to double, the EOQ would increase.

If the ordering cost were to double, the EOQ would rise.

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