Sam Wood Ltd always use Economic order quantity model to determine its raw materials requirements. What will be the effect on the economic order quantity and the total annual holding cost of a decrease in the cost of ordering a batch of raw materials * (a) The EOQ and the total annual holding cost will both be higher (b) The EOQ will be lower and the total annual holding cost will be higher (c) The EOQ and the total annual holding cost will both be lower (d) The EOQ will be higher and the total annual holding cost will be lower