Question
Unbelievably Hot Restaurant uses 100,000 bottles of chilli sauce per year. The ordering cost of the sauce is $80 per order and the carrying cost
Unbelievably Hot Restaurant uses 100,000 bottles of chilli sauce per year. The ordering cost of the sauce is $80 per order and the carrying cost is $4 per unit per year. What is the economic order quantity?
A: 1000
B: 1414
C: 2000
D : none of the above
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
5th Edition
0131445650, 9780131445659
