Question
ABC Company sells 35,145 chairs a year. The carrying cost per unit is $2.19 and the fixed costs per order are 159.57 per order. The
ABC Company sells 35,145 chairs a year. The carrying cost per unit is $2.19 and the fixed costs per order are 159.57 per order. The company orders 186 units each time. The chairs are sold out before they are restocked. What is the economic order quantity?
Enter your answer rounded off to two decimal points.
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Financial Markets And Institutions
Authors: Stanley Eakins Frederic Mishkin
9th Global Edition
1292215003, 978-1292215006
