Answer the Following Question(s) Using the Information Below

Answer the following question(s) using the information below:
The Wood Furniture company produces a specialty wood furniture product, and has the following information available concerning its inventory items:
Annual demand is 10,000 packages per year. The purchase price per package is $16.
-How many deliveries will be required at the economic order quantity?

A) 1.0 delivery
B) 5.1 deliveries
C) 8.2 deliveries
D) 10.0 deliveries
E) 6.8 deliveries

Correct Answer:

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