Question
Home Goods Inc. sells floor lamps. They sell 50,000 lamps per year, have a carrying cost of 5%, a purchase price of $2.50 and a
Home Goods Inc. sells floor lamps. They sell 50,000 lamps per year, have a carrying cost of 5%, a purchase price of $2.50 and a fixed ordering cost of $135 per order. Home Goods Inc sells their lamps for $23.05. What is the EOQ? (round to the nearest whole unit)
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
