Question: firm that makes electronic circuits has been ordering a certain raw material 2 5 0 ounces at a time. The firm estimates t carrying cost

firm that makes electronic circuits has been ordering a certain raw material 250 ounces at a time. The firm estimates t carrying cost is 30% per year of unit price and that ordering cost is about $20 per order. The current price of the redient is $200 per ounce. The assumptions of the basic EOQ model are thought to apply. For what value of annual mand is their action optimal? (10 points)
firm that makes electronic circuits has been ordering a certain raw

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