The quarterly sales of an item (which has a steady monthly demand) is 32 000 units....
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The quarterly sales of an item (which has a steady monthly demand) is 32 000 units. The cost is R100 per unit and the unit selling price is R150. The ordering cost amounts to R25 per order and the holding cost per unit is equal to 10% of the unit cost of the item. What is the economic order quantity? A. 800 units O B. 400 units C. 320 units D. 653 units The quarterly sales of an item (which has a steady monthly demand) is 32 000 units. The cost is R100 per unit and the unit selling price is R150. The ordering cost amounts to R25 per order and the holding cost per unit is equal to 10% of the unit cost of the item. What is the economic order quantity? A. 800 units O B. 400 units C. 320 units D. 653 units
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