Question
Sleeter Company has determined that based on their Economic Order Quantity they will have an EOQ of 380,000 units for one of their main products.
Sleeter Company has determined that based on their Economic Order Quantity they will have an EOQ of 380,000 units for one of their main products. They have carrying costs of $.75 per unit and will maintain an additional safety stock of 4,000 units. They will have total carrying costs of what for the year?
A. $72,750
B. $145,500
C. $72,000
D. $144,000
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow
11th Edition
0324653506, 978-0324653502
