Media Moguls (M&M) normally sells 240,000 units per year. It costs M&M $52 to purchase each unit,
Question:
Media Moguls (M&M) normally sells 240,000 units per year. It costs M&M $52 to purchase each unit, the fixed cost of ordering is $260, and the carrying costs equal 15 percent of the unit’s purchase price.
(a) What is the EOQ?
(b) How many orders should M&M place each year?
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T 240000 PP 52 C 15 O 2...View the full answer
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