Which of the following statements about the basic EOQ model is TRUE?
A) If the ordering cost were to double, the EOQ would rise.
B) If annual demand were to double, the EOQ would increase.
C) If the carrying cost were to increase, the EOQ would fall.
D) If annual demand were to double, the number of orders per year would increase.
E) All of the above statements are true.
E
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Interpretative rules of administrative agencies are automatically binding on the private parties the agency regulates
Indicate whether the statement is true or false