Question: Which of the following statements about the basic EOQ model is correct? a. If the ordering cost were to double, the EOQ would also double
Which of the following statements about the basic EOQ model is correct?
a. If the ordering cost were to double, the EOQ would also double
b. If the annual demand were to triple, the EOQ would double
c. If the ordering cost were to increase, the EOQ would fall
d. If the annual demand were to double, the reorder point would triple
e. None of the above statements above is correct
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