Which of the following is true of the EOQ model? Note that the optimal order quantity,...

Which of the following is true of the EOQ model? Note that the optimal order quantity, Q*, will be called EOQ.

		If the annual sales, in units, increases by 10%, then EOQ will increase by 10%.
		If the average inventory increases by 10%, then the total carrying costs will increase by 10%.
		If the average inventory increases by 10% the total ordering costs will increase by 10%.
		At any order quantity below the EOQ, then total carrying costs increase, but ordering costs decrease.
		If the fixed per order cost increases by 10%, then EOQ will increase by 10%.

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jeff jeffy answered 1 year ago

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