Question
you have been selling 887 units of a product at a price of $600 each. The variable cost per unit is $442 and the carrying
you have been selling 887 units of a product at a price of $600 each. The variable cost per unit is $442 and the carrying cost per unit is $15. You have been buying 150 units at a time. Your fixed cost of ordering is $63. What is the economic order quantity?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
16th edition
125927716X, 978-1259687969, 1259687961, 978-1259277160
