In the Basic EOQ Model, If the Cost of Placing

question 82

Multiple Choice

In the basic EOQ model, if the cost of placing an order doubles, and all other values remain constant, the EOQ will:

• A) increase by about 41%.
• B) increase by 100%.
• C) increase by 200%.
• D) increase, but more data is needed to say by how much.
• E) either increase or decrease.

---

Definitions:

Center of Influence

A person or organization that has a major impact on opinions or actions within a specific area or community due to their authority, knowledge, position, or network.

Prospecting

The act of searching for potential customers or clients to generate new business opportunities.

Qualified Prospect

A Qualified Prospect is a potential customer who has been assessed and determined to fit the target market's criteria, showing both interest in and the capacity to purchase a product or service.

Purchasing Agent

An individual who is responsible for buying products, equipment, or services for a company or organization, often negotiating terms and prices.