Question: From the information given below, the economic order quantity (EOQ) for Shinebird Textiles is _____. Ordering cost = $10 per order Carrying cost = 20%
From the information given below, the economic order quantity (EOQ) for Shinebird Textiles is _____.
Ordering cost = $10 per order
Carrying cost = 20% of purchase price
Purchase price = $10 per unit
Total sales for year = 1,000 units
a.
150 units
b.
100 units
c.
900 units
d.
300 units
e.
250 units
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