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Walrus Company has the following information available concerning one of its inventory items: Cost of placing an order $30.00 Unit carrying cost per year $

Walrus Company has the following information available concerning one of its inventory items:
 

Cost of placing an order

$30.00

Unit carrying cost per year

$  3.00

Annual unit demand

6,625

Safety stock

125

Average daily demand

25

Normal lead time in days

10


The economic order quantity for this item is (1.67pts)

  • 1,500 units.
  • 364 units.
  • 140 units.
  • 725 units.

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