Given the following data for a particular inventory item: Demand Ordering Cost Holding Cost Lead Time...
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Given the following data for a particular inventory item: Demand Ordering Cost Holding Cost Lead Time Price: 500 units per month $30 per order $1 per unit per year 1.5 months $7.99 per unit 360 working days in a year What is the economic order quantity for this item? Given the following data for a particular inventory item: Demand Ordering Cost Holding Cost Lead Time Price: 500 units per month $30 per order $1 per unit per year 1.5 months $7.99 per unit 360 working days in a year What is the economic order quantity for this item?
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Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
Posted Date:
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