Question: For the six product lines from Problem and Case 12.2, you have collected the following additional information. Required: Calculate the economic order quantity (EOQ) for

For the six product lines from Problem and Case 12.2, you have collected the following additional information.

Required:
Calculate the economic order quantity (EOQ) for each inventory product.

Annual unit inventory sales Cost of placing an order Cost of holding one unit for one year 500,000 1,300,000 110,000 240,000 644,000 377,000 $430 $15.70 $400 $5.50 $150 $900$350 $32.00 $500 $9.50 $10.00 $63.00

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