=+5 Blackwide uses 10,000 items of stock per year. It costs 7 to hold an item of

Question:

=+5 Blackwide uses 10,000 items of stock per year. It costs £7 to hold an item of stock for a year and the reorder costs are £50 regardless of quantity.

a Find the economic order quantity in a completely certain world with instanta-

neous replenishment of stock.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: