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When comparing the EOQ model and the bullwhip effect, which one of the following is true? Group of answer choices The bullwhip effect only applies

When comparing the EOQ model and the "bullwhip" effect, which one of the following is true? Group of answer choices The bullwhip effect only applies to each individual firm in a supply chain The EOQ model considers the impact on costs for all firms in a supply chain Use of the EOQ model by all firms in a supply chain eliminates the bullwhip effect The bullwhip effect considers how the impacts of order quantity decisions for one firm impact other members of the supply chain

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