Walrus Company has the following information available concerning one of its inventory items: Cost of placing an
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Question:
Walrus Company has the following information available concerning one of its inventory items:
Cost of placing an order | $30.00 |
Unit carrying cost per year | $ 3.00 |
Annual unit demand | 6,625 |
Safety stock | 125 |
Average daily demand | 25 |
Normal lead time in days | 10 |
The economic order quantity for this item is (1.67pts)
- 1,500 units.
- 364 units.
- 140 units.
- 725 units.
Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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