PatienceJenkins3226 PatienceJenkins3226

04-01-2024
Business

contestada

Inventory Management: Economic Order Quantity (EOQ)

If annual demand is 6,125 units, annual holding cost is $5 per unit, and setup cost per order is $50, what is the Economic Order Quantity (EOQ) lot size?
a. 350
b. 247
c. 23
d. 185

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