Wonderlust Retail Ltd experiences relatively constant demand of 24,000 units per year for one of the products it sells. The product, a blender, costs the firm $30. Placing an order costs $255 and annual carrying costs are $2 per unit. The firm works 200 days per year and desires a safety stock of 300 units. The lead time for an order is 15 working days. What is the economic order quantity for the blenders (rounded to the nearest whole number)?

1749

6120000

19

3599

2474

Answer rating: 100% (QA)

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