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nventory carrying costs are 20 percent. What is the EOQ? [EOQ= root over(2DB/IC); D = annual demand, in units; B = administrative costs per order
nventory carrying costs are 20 percent. What is the EOQ? [EOQ= root over(2DB/IC); D = annual demand, in units; B = administrative costs per order of placing the order; C = carrying costs of the inventory (%); I = dollar value of the inventory, per unit] Note: round up a. 68 units b. 25 units c. 45 units d. 22 units
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