Question
XYZ is a retailer and sells 112,000 units per year. It purchases from a single supplier. Fixed costs per order are $982 and carrying cost
XYZ is a retailer and sells 112,000 units per year. It purchases from a single supplier. Fixed costs per order are $982 and carrying cost is $10 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity? Enter your answer rounded off to two decimal points. Margin for error: +/- 1
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Cases In Healthcare Finance
Authors: Louis C. Gapenski, George H. Pink
4th Edition
1567933424, 978-1567933420
