Question
You anticipate selling 10,000 units of Wonder Soap in the next month. It cost $3.50 per order and total carrying costs are $1.50 per unit.
You anticipate selling 10,000 units of Wonder Soap in the next month. It cost $3.50 per order and total carrying costs are $1.50 per unit. What is the minimum order quantity for this new product?
Select one:
a. 342 units
b. 1,000 units
c. 100 units
d. 216 units
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Financial Management Principles And Applications
Authors: J William Petty, Sheridan Titman, Arthur J Keown, John D Martin, Peter Martin, Michael Burrow, Hoa Nguyen
6th Edition
1442539178, 9781442539174
