Question
From the information given below, the economic order quantity (EOQ) for Shinebird Textiles is _____. Ordering cost = $10 per order Carrying cost = 20%
From the information given below, the economic order quantity (EOQ) for Shinebird Textiles is _____.
Ordering cost = $10 per order
Carrying cost = 20% of purchase price
Purchase price = $10 per unit
Total sales for year = 1,000 units
| a. | 100 units | |
| b. | 300 units | |
| c. | 900 units | |
| d. | 250 units | |
| e. | 150 units |
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
17th Edition
0357714482, 9780357714485
