Question: Which of the following statements about the basic EOQ model is FALSE? Select one: O a. If annual demand were to double, the number of

Which of the following statements about the basic

Which of the following statements about the basic EOQ model is FALSE? Select one: O a. If annual demand were to double, the number of orders per year would increase. O b. If the ordering cost were to increase, the EOQ would rise. O c. If the cost of the item were to double, the EOQ would increase. O d. If the ordering cost were to decrease, the EOQ would fall. O e. If annual demand were to double, the EOQ would also double. An inventory decision rule states, "When the inventory level goes down to 14 gearboxes, 100 gearboxes will be ordered." Which of the following statements is TRUE? Select one: O a. The number 100 is a function of demand during lead time. O b. One hundred is the safety stock, and 14 is the reorder point. O c. Fourteen is the safety stock, and 100 is the reorder point. d. Fourteen is the reorder point, and 100 is the order quantity. e. One hundred is the reorder point, and 14 is the order quantity

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