Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A firm sells 13,700 units of an item each year. The carrying cost per unit is $.42 and the fixed costs per order are $52.

A firm sells 13,700 units of an item each year. The carrying cost per unit is $.42 and the fixed costs per order are $52. What is the economic order quantity?

1,842 units

1,790 units

1,747 units

1,799 units

1,194 units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Economics Of Money Banking And Finance

Authors: Howells, Keith Bain

3rd Edition

0273693395, 978-0273693390

More Books

Students also viewed these Finance questions