Question
Belgian Chocolates of Boca expects to sell 12,000 cases of chocolate truffles next year. The annual holding cost for the truffles is $16 per case.
Belgian Chocolates of Boca expects to sell 12,000 cases of chocolate truffles next year. The annual holding cost for the truffles is $16 per case. The ordering cost is $60 per order. Delivery lead time is 4 days. Given this information, what is the EOQ?
a. 600 cases
b. Approximately 78 cases
c. 80 cases
d. 300 cases
e. Approximately 425 cases
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Real Estate Finance
Authors: John P. Wiedemer, Keith J. Baker
9th edition
324181426, 324181425, 978-0324181425
