Q. Which of the following statements about the basic EOQ model is false? (Solved)
1. If the setup cost were to decrease , the EOQ would fall
2. If annual demand were to increase , the EOQ would decrease
3. If the ordering cost were to increase , the EOQ would rise
4. If annual demand were to double , the EOQ would also double
- d. If annual demand were to double , the EOQ would also double