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Q76 A company always determines its order quantity for a raw material by using the Economic Order Quantity (EOQ) model.

Q76 A company always determines its order quantity for a raw material by using the Economic Order Quantity (EOQ) model. What would be the effects on the EOQ and the total annual holding cost of a decrease in the cost of ordering a batch of raw material? EOQ Annual holding cost
 
 
 
 

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