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Carter company orders 250 units at a time, and places 15 orders per year. Total ordering cost is $1,100 and total carrying cost is $1,750.
Carter company orders 250 units at a time, and places 15 orders per year. Total ordering cost is $1,100 and total carrying cost is $1,750. Which of the following statement is true? A.) None of these B.) The economic order quantity (EOQ) is more than 250. C.) The economic order quantity (EOQ) is 250. D.) The economic order quantity (EOQ) is less than 250. E.) Total inventory-related cost is lower than it would be at the economic order quantity (EOQ)
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