Question: What is the effect on EOQ and total cost of the following types of changes for the data in problem 1? a. A 40 percent

What is the effect on EOQ and total cost of the following types of changes for the data in problem 1?
a. A 40 percent increase in demand.
b. A 20 percent increase in carrying charge.
c. Use a spreadsheet to study the relationship between lot size and carrying cost.

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a A 40 increase in demand causes the EOQ to increase by 4 cases from 23 to 27 cases ... View full answer

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