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True or false? A retailer uses the EOQ model to order sweatshirts. Assume that annual demand for sweat- shirts is normally distributed. Currently, the retailer
True or false? A retailer uses the EOQ model to order sweatshirts. Assume that annual demand for sweat- shirts is normally distributed. Currently, the retailer pays C = $10 to their supplier per sweatshirt. If the supplier triples the unit cost to $30 per sweatshirt (and all other costs remain constant), then the retailer will increase its reorder point
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