In the basic EOQ model,the higher the economic order quantity,the greater the number of orders placed.

Name: In the basic EOQ model,the higher the economic order quantity,the greater the number of orders placed.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In the basic EOQ model, the number of orders placed decreases as the economic order quantity increases. This is because a higher EOQ means more inventory is being ordered each time, resulting in fewer orders needing to be placed overall.

In the Basic EOQ Model,the Higher the Economic Order Quantity,the