Question: need help with this practice problem please help Shoe Bargain Discount Store is analyzing the best selling Ikidas sneakers which sell for $40. The demand
need help with this practice problem please help
Shoe Bargain Discount Store is analyzing the best selling Ikidas sneakers which sell for $40. The demand has been constant at 50 pairs of shoes per week. The ordering cost is $20 per order, and the annual holding cost is $8 (or 20% of selling price). If the store operates 52 weeks per year, what is the EOQ that should be ordered? a. 235.33 b.196 C. 161.25 d. 120
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