Question
FX-674 undergoes an annual movement of 25,000 units, incurring a yearly $0.05 inventory holding cost per unit and a fixed $100 expense for every order
FX-674 undergoes an annual movement of 25,000 units, incurring a yearly $0.05 inventory holding cost per unit and a fixed $100 expense for every order made.
Determine the economic order quantity (EOQ) of material FX-674.
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Financial Management In Construction Contracting
Authors: Andrew Ross, Peter Williams
1st Edition
1405125063, 9781405125062
