A firm expects total demand for its product over the planning period to be 10,000 units with

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A firm expects total demand for its product over the planning period to be 10,000 units with an ordering cost per order of $400 and a carrying cost per unit of $2. This firm’s economic ordering quantity is:

a.1,000.

b.2,000.

c.3,000.

d.4,000.


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Operations Management

ISBN: 978-0071091428

4th Canadian edition

Authors: William J Stevenson, Mehran Hojati

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