Question: Subject: Operating marketing management 3000 please answer the correct one i tried option A its wrong. In the basic EOQ model, if D = 5,000

Subject: Operating marketing management 3000

please answer the correct one i tried option A its wrong.

In the basic EOQ model, if D = 5,000 per month, S = $10, and H = $1 per unit per year, then the time between orders would be approx. How much? Take 365 days in a year and pick the closest answer. Hint: Compute the economic order quantity first. EOQ = Sq Root of [(2xDxS)/H], D = annual demand; S = Avg cost of placing an order; H = Avg cost of holding one unit for 1 year Round up wherever necessary.

A Every 15 days approx

B Every 5 days approx

C every 8 days approx

D every 3 days approx

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