Question
Deedi Traders uses 380 000 units of product xxx during the year. The cost of placing an order for the delivery of the units is
Deedi Traders uses 380 000 units of product xxx during the year. The cost of placing an order for the delivery of the units is R90.00. The carrying cost of the units of inventory is 10% of the average invoice price which is currently R200.00 per unit. Calculate the economic order quantity.
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
2nd Edition
0324117752, 9780324117752
