Question
Wells Xavier Limited uses the EOQ formula to determine the optimal size of inventory orders. The companys management accountant has identified the following information in
Wells Xavier Limited uses the EOQ formula to determine the optimal size of inventory orders. The companys management accountant has identified the following information in respect of inventory item SP36:
Annual demand for SP36 =10 000 units
Holding cost per unit of SP36 = $12.70
Cost per order = $23.50
What is the economic order quantity? Show your work.
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Of Synthetic Finance Three Essays Of Speculative Materialism
Authors: Benjamin Lozano
1st Edition
1138790842, 978-1138790841
