Question
A company begins each month with 6,000 units in stock, which is depleted each month and then reordered. The carrying cost per unit is $16
A company begins each month with 6,000 units in stock, which is depleted each month and then reordered. The carrying cost per unit is $16 per year and the fixed order cost is $2,600. What is the economic order quanity?
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Investments An Introduction
Authors: Herbert B Mayo
10th Edition
0538452099, 9780538452090
