Question: Question 13 4 points Save Answer Inventory: A store sells 187 units per month. The unit price is $51 each and the ordering cost is

Question 13 4 points Save Answer Inventory: A

Question 13 4 points Save Answer Inventory: A store sells 187 units per month. The unit price is $51 each and the ordering cost is $41. The store uses a yearly inventory holding cost of 20% of the unit price What is the EOQ or optimal order quantity? (round to whole number)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!