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immediately A company uses the EOQ policy for a particular product of which the annual demand has been decreased for two consecutive years. The unit
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A company uses the EOQ policy for a particular product of which the annual demand has been decreased for two consecutive years. The unit holding cost and ordering cost do not change during this time. The company expect the same behavior for the next year. Accordingly, which statement is true? a. Both the order quantity and time between orders will not change. b. The order quantity will decrease but the time between orders will increase. c. Both the order quantity and time between orders will increase. d. The order quantity will increase but the time between orders will decrease. e. Both the order quantity and time between orders will decreaseStep by Step Solution
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