Analyze how changes in the ordering cost and holding cost affect the economic order quantity (EOQ) for [CompanyName]’s [ProductName]. Consider scenarios where the ordering cost increases by [OrderingCostIncreasePercentage]% and the holding cost increases by [HoldingCostIncreasePercentage]%. Provide:
New EOQ value after each change
Analysis of how total annual cost is impacted by these changes
Strategic recommendations on adjusting order quantities to mitigate cost increases