The economic order quantity will increase by factors: Prices of goods, the level of income, people's tastes, and population.
Demand is the total amount of goods and services that consumers want to buy at various price levels.
Some of the factors that affect the economic order quantity are as follows:
1. Price of goods. The price of goods that are cheap and of high quality will bring demand from the community
2. Level of income and purchasing power of consumers. The higher the income, the higher the demand
3. People's tastes. If a product suits people's tastes, then the demand for orders will increase
4. Total population. The greater the population of a country, the higher the number of requests for orders that come.
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