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Carter company orders 250 units at a time, and places 15 orders per year. Total ordering cost is $1,600 and total carrying cost is $1,250.
Carter company orders 250 units at a time, and places 15 orders per year. Total ordering cost is $1,600 and total carrying cost is $1,250. Which of the following statement is true? A.) The economic order quantity (EOQ) is less than 250. B.) The economic order quantity (EOQ) is more than 250. C.) Total inventory-related cost is lower than it would be at the economic order quantity (EOQ) D.) None of these. E.) The economic order quantity (EOQ) is 250
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