Question
Consider an inventory item that has carrying cost of $ 15.00 per unit. The fixed order cost is $ 500 per order, and annual sales
Consider an inventory item that has carrying cost of $ 15.00 per unit. The fixed order cost is $ 500 per order, and annual sales of 350,000 units.
a) What is the EOQ ?
b) What is the economical order frequency?
c) What is proof!
d) What is the EAR for credit terms of 2/10 net 45?
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Fundamental Accounting Principles Volume 1
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
15th Canadian Edition
1259259803, 978-1259259807
