(EOQ) model. What would be the effects on the EOQ and the total annual ordering cost of an increase in the annual cost of holding one unit of the component in stock? A: EOQTotal annual ordering cost LowerHigher B: HigherLower C: LowerNo effect D: HigherNo effect
(EOQ) model. What would be the effects on the EOQ and the total annual ordering cost of an increase in the annual cost of holding one unit of the component in stock? A: EOQTotal annual ordering cost LowerHigher B: HigherLower C: LowerNo effect D: HigherNo effect
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