Question
The sales of Qalisya Company are 50,000 units per year. The percentage of storage cost is 20% of inventory value. The purchase price is RM15.00
The sales of Qalisya Company are 50,000 units per year. The percentage of storage cost is 20% of inventory value. The purchase price is RM15.00 per unit and the ordering cost for each order is RM1,500. Based on the information given, compute the economic order quantity (EOQ) level
A. 7071 units
B. 31.62 units
C. 100 units
D. 2236 units
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Canadian Public Finance
Authors: Genevieve Tellier
1st Edition
1487594410, 978-1487594411
