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Company X is a retailer who sells shoes. Given the following data & using the EOQ model calculate the EOQ monthly sales: 4,000 pairs

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Company "X" is a retailer who sells shoes. Given the following data & using the "EOQ model" calculate the EOQ monthly sales: 4,000 pairs year: 365 purchase order lead time: 8 days days open per relevant Purchase Order cost: $189.00 per purchase order stockout costs: $48 per stockout relevant annual carrying costs: $15.00/pair safety stock definitely required 200 pairs 289 pairs 1,000 pairs 1,100 pairs 389 pairs

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