As the annual demand increases, other factors remaining constant, the EOQ also increases.

Name: As the annual demand increases, other factors remaining constant, the EOQ also increases.
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Quizplus · Accepted Answer

EOQ (Economic Order Quantity) is a formula used to calculate the optimal quantity of inventory to order, based on factors such as demand, ordering costs and holding costs. As the annual demand increases, the quantity required to meet that demand also increases, which subsequently increases the EOQ.

As the Annual Demand Increases, Other Factors Remaining Constant, the EOQ