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equation for the EOQ in the text, Car Country, a local Ford dealer, sells 1,280 small SUV's each year. Keeping a car on the lot
equation for the EOQ in the text, Car Country, a local Ford dealer, sells 1,280 small SUV's each year. Keeping a car on the lot costs Car Country $22 per month, so the company prefers to order as few SUVs as is economically feasible. However, each time an order is placed, the company incurs total costs of $300 of this $300, $240 is fixed and $60 is variable. Determine the company's economic order quantity
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