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Calculate the Economic Ordering Quantity for Nashville Records Inc

Question 36

Multiple Choice

Calculate the economic ordering quantity for Nashville Records Inc. ,given the following information:
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:

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