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Company X is a retailer who sells shoes. Given the following data & using the EOQ model calculate the EOQ monthly pairs of shoes sold:
Company "X" is a retailer who sells shoes. Given the following data & using the "EOQ model" calculate the EOQ monthly pairs of shoes sold: 3000 purchase order lead time in days: 8 days open per year: 365 relevant Purchase Order cost per order: $189.99 relevant annual carrying costs per pair of shoes: $15 stockout costs per stockout: $48 pairs of shoes required for safety stock: 250 Question 6 options: 952 pairs 759 1100 pairs 955 pairs 979 pairs
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