I need help with this problem please. I got the EOQ = 658 unit but I think

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I need help with this problem please. I got the EOQ = 658 unit but I think it's not right because I got zero .

Scenario You have been asked by your boss to calculate the Economic Order Quantity (EOQ) for one of the major sub-components used by your firm. You have been provided the following data: . The annual demand for this part is 6500 units. . The cost of the sub-component is $300. . The annual holding cost is 0.5% and the ordering or setup cost is $50

Posted Date: Jun 29, 2024 04:57 AM

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I need help with this problem please. I got the EOQ = 658 unit but I think

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