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Which One of the Following Statements Concerning the Economic Order

Question 31

Multiple Choice

Which one of the following statements concerning the economic order quantity (EOQ) model is TRUE?


A) An increase in holding cost will increase the EOQ value.
B) A decrease in holding cost will increase the EOQ value.
C) A decrease in demand will increase the EOQ value.
D) None of the above are true.

Correct Answer:

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