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

---

Definitions:

Acceptance

In contract law, the act of agreeing to an offer, thereby creating a binding contract.

Quasi-contract

An obligation imposed by law in the absence of an agreement to prevent unjust enrichment.

Freedom of Contract

The principle that individuals have the liberty to freely enter into agreements and contracts without undue government interference.

Creators’ Obligations

Duties and responsibilities that creators, such as authors, artists, and designers, owe to their clients, sponsors, or the public, which may include originality, quality, and copyright adherence.