A firm uses 44,300 widgets per year. Carrying costs are $1 and ordering costs are $200....

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A firm uses 44,300 widgets per year. Carrying costs are $1 and ordering costs are $200. They operate 240 days per year. What is the optimal order size? Do not round intermediate calculations. Use two decimal places. Your Answer: A firm uses 44,300 widgets per year. Carrying costs are $1 and ordering costs are $200. They operate 240 days per year. What is the optimal order size? Do not round intermediate calculations. Use two decimal places. Your Answer:

Answer rating: 100% (QA)

The Economic Order Quantity EOQ formula can be used to calculate the optimal ... View the full answer