Question: A certain type of computer costs $24 per unit, and the annual holding cost is 19% of the value of the item. Annual demand is
A certain type of computer costs $24 per unit, and the annual holding cost is 19% of the value of the item. Annual demand is 1293 units, and the order cost is $166 per order. What is the approximate economic order quantity
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
