Question
Moors Manufacturing Ltd uses 5,000 square metres of steel each year in its production process. Storage costs are $1.50 per square metre per year. Acquisition
Moors Manufacturing Ltd uses 5,000 square metres of steel each year in its production process. Storage costs are $1.50 per square metre per year. Acquisition costs are $600 per order. What is the economic order quantity?
O 2,250
O 2,500
O 2,000
O 1,250
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
8th Edition
007322359X, 9780073223599
