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Fashion Clothier's Economic Order Quantity (EOQ) for Dyes Is 14,000

Question 57

Multiple Choice

Fashion Clothier's economic order quantity (EOQ) for dyes is 14,000 units. If the total demand is 196,000 units per period, carrying cost per unit is 25% of inventory value, purchase price is $10, and fixed costs per order is $30, then the total inventory cost is_____.


A) $18,280
B) $23,250
C) $14,750
D) $13,000
E) $17,920

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