Question: Which of the following statements about the basic EOQ model is false? a. All of the choices listed are true. b. If the ordering cost

Which of the following statements about the basic EOQ model is false? a. All of the choices listed are true. b. If the ordering cost were to increase, the EOQ would rise. If the setup cost were to decrease, the EOQ would fall. d. If annual demand were to increase, the EOQ would increase. If annual demand were to double, the EOQ would also double

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