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uantity discounts, the total cost curve will not be a simple U-shape as predicted by the EOQ model. Instead, it will have a stepped shape,
uantity discounts, the total cost curve will not be a simple U-shape as predicted by the EOQ model. Instead, it will have a stepped shape, with total costs decreasing at each quantity level where a discount is offered. Therefore, the quantity discount condition invalidates the total cost curve of the classical EOQ model
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