Multiple Choice
Black Appliances is trying to determine the optimal order quantity for dryers for the next twelve months.Annual sales are expected to be 1,000,000 units at a retail price of $400 each.The cost of carrying dryers is $80 per year.Studies show that it costs Black $250 to prepare and receive an order.What is the EOQ?
A) 2,750
B) 2,500
C) 2,000
D) 1,850
Correct Answer:
Verified
Correct Answer:
Verified
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