Question
Given the following information, what is the economic ordering quantity (EOQ) for Nashville Records Inc.? Total demand (sales) = 15,625 units per year Selling price
Given the following information, what is the economic ordering quantity (EOQ) for Nashville Records Inc.?
Total demand (sales) = 15,625 units per year
Selling price = $10 per unit
Purchase price (cost) = $5
Carrying costs = 25 percent of inventory value
Fixed cost per order = $1,000
3,536 units
1,581 units
3,953 units
5,000 units
2,500 units
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
