Question

Demand for item doubled and the ordering cost halved the economic order quantity

Answer 1

The Economic Order Quantity (EOQ) is the number of units that a company should add to inventory with each order to minimize the total costs of inventory—such as holding costs, order costs, and shortage costs.

Answer 2

Answer:

Remains unchanged.

Explanation:

EOQ= $\sqrt{2AD/H}$

where, A = Ordering cost; D = Demand; h = Unit holding cost

EOQ= $\sqrt{2(A/2)(2D)/H}$

=$\sqrt{2AD/H}$=Remains unchanged.