Multiple Choice
The economic ordering quantity (EOQ) for Nashville Records Inc. from the information given below is _____. (Round the answer to the nearest whole number.) Sales = 15,000 units per year
Sales price = $10 per unit
Purchase price = $5
Carrying cost = 0.25 times inventory value
Fixed cost per order = $1,000
A) 3,464 units
B) 4,899 units
C) 346 units
D) 490 units
E) 1,549 units
Correct Answer:
Verified
Correct Answer:
Verified
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