A certain type of computer costs RO 1000, and the annual holding cost is 20% of the value of the item. Annual demand is 12,000 units, and the order cost is RO 200 per order. What is the approximate economic order quantity? Round-up to the nearest integer Select one: O a. 123 O b. 155 O c. 110 O d. None is correct e. 142

A certain type of computer costs RO 1000, and the annual holding cost is 20% of the value of the item. Annual demand is 12,000 units, and the order cost is RO 200 per order. What is the approximate economic order quantity? Round-up to the nearest integer Select one: O a. 123 O b. 155 O c. 110 O d. None is correct e. 142

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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