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Mark Achin sells 3,600 electric motors each year. The cost of each electric motor is $200, and demand is constant throughout the year. The cost
Mark Achin sells 3,600 electric motors each year. The cost of each electric motor is $200, and demand is constant throughout the year. The cost of placing an order is $40, while the holding cost is 10% of unit cost per year. There are 360 working days per year and the lead-time is 5 days. What is his economic order quantity in units?
A) 100
B) 200
C) 60
D) 120
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