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A company starts each month with 6,000 units in inventory. The carrying cost per unit is $170 per year and the fixed order cost is
A company starts each month with 6,000 units in inventory. The carrying cost per unit is $170 per year and the fixed order cost is $12,000. What is the EOQ assuming the inventory is depleted and then reordered each month?
Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas in your response. For example, an answer of 1,000.50 should be entered as 1000.50.
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