Question
KLM, Inc. sells 13,000 units of an item each year. The carrying cost per unit is $.60 and the fixed costs per order are $55.
KLM, Inc. sells 13,000 units of an item each year. The carrying cost per unit is $.60 and the fixed costs per order are $55. What is KLMs economic order quantity? What is KLMs average inventory? How many times per year would KLM restock? What are KLMs total costs of holding inventory?
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
1118334329, 978-1118334324
