Question: Seans Super Gadgets Ltd has won an order for power gizmos. The demand is 19,500 units per year. The ordering cost is $25 per order

Seans Super Gadgets Ltd has won an order for power gizmos. The demand is 19,500 units per year. The ordering cost is $25 per order and the holding cost currently is $4 per unit per year

a) Calculate the economic order quantity for the books

b) What is the annual holding cost?

c) What are the annual ordering costs?

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