Question: b) what is the economic order quantity? (round to two decimal places) Abey Kuruvilla, of Parkside Plumbing, uses 1,190 of a certain spare part that

b) what is the economic order quantity? (round to two decimal places)

Abey Kuruvilla, of Parkside Plumbing, uses 1,190 of a certain spare part that costs $27 for each order, with an annual holding cost of $23. a) Calculate the total cost for order sizes of 25,40,50,60, and 100 (round your responses to two decimal places)

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