The following three questions relate to the economic order quantity, 1. How would an increase in holding costs impact th
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The following three questions relate to the economic order quantity, 1. How would an increase in holding costs impact th
questions relate to the economic order quantity, 1. How would an increase in holding costs impact the economic order quantity, all else being equal? The economic order quantity would 2. How would an increase the average demand impact the economic order quantity, all else being equal? The economic order quantity would 3. How would an increase in ordering costs impact the economic order quantity, all else being equal? The economic order quantity would Suppose Product 1 and Product 2 have the some average demand lovel but Product 1's demand is constant while Product 2's demand varies. 4. 1 - Models are used to control inventory which product will have a higher reorder point all else being equal? 5. The extra stock held to protect against demand uncertainty is referred to as the 6. The longer the lead time the • the reorder point all else being equal 7 The higher the desired customer service level the the reorder point all else being equal
The following three