Question: Using the following data, compute Lancaster Companys economic order quantity. Total units demanded annually . . . . . . . . . . .

Using the following data, compute Lancaster Company’s economic order quantity.

Total units demanded annually . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000

Cost to place one order . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,200

Total carrying cost for one unit for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$4


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