Question
Find the total inventory carrying costs and the total ordering cost using the economic order quantity inventory model. C: unit variable cost of production, I:
Find the total inventory carrying costs and the total ordering
cost using the economic order quantity inventory model.
C: unit variable cost of production, I: inventory carrying cost
rate per period, R: demand rate in units per period, S: fixed
cost of a replacement order.
C = $1, I = 20 percent, R = 8,000 units, and S = $12.50.
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
