Consider an alcohol prep pads product that has an annual demand of 80,000 boxes. Fixed cost of

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Consider an alcohol prep pads product that has an annual demand of 80,000 boxes. Fixed cost of ordering is $40 for this particular product, and the wholesale price is $2 per box. Annual inventory holding cost is 10% of the wholesale price.

Then, what is the EOQ for this particular product?

Related Book For answer-question

Managerial Accounting An Integrative Approach

ISBN: 9780999500491

2nd Edition

Authors: C J Mcnair Connoly, Kenneth Merchant

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Posted Date: Nov 01, 2023 03:18 AM

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Consider an alcohol prep pads product that has an annual demand of 80,000 boxes. Fixed cost of

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The Economic Order Quantity EOQ formula can be used to calculate the optimal ... View the full answer

Managerial Accounting An Integrative Approach

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