In the EOQ Model, If the Size of Order Increases

question 217

Multiple Choice

In the EOQ model, if the size of order increases, the ________.

• A) carrying cost will increase
• B) order cost will remain unchanged
• C) order cost will increase
• D) storage cost will decrease

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Definitions:

Homogamy

The practice of marrying or forming relationships with individuals who have similar social, cultural, or personal characteristics.

Polygamy

A marital practice in which an individual has more than one spouse simultaneously.

Endogamy

The practice of marrying within a specific ethnic group, class, or social group, rejecting those from others.

Monogamy

The practice of having only one spouse at a time.