Question: b) if the holding cost per unit was $6 instead of $5 what would be the optimal order quantity? Matthew Liotine's Dream Store sells water

b) if the holding cost per unit was $6 instead of $5 what would be the optimal order quantity?
Matthew Liotine's Dream Store sells water beds and assorted supplies. His best-selling bed has an annual demand of 390 units. Ordering cost is $38; holding cost is $5 per unit per year. a) To minimize the total cost, how many units should be ordered each time an order is placed? EOQ = units (round your response to the nearest whole number)Step by Step Solution
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