A trading company expects to sell 15,000 mixers during the coming year. The cost of storing a mixer for is SR 2 per month and the ordering cost is SR 540 per order. a) Find the Economic Order Quantity. b) Calculate the total stock cost. c) How much will EOQ be changed if there is 10% increase in the price of a mixer?

A trading company expects to sell 15,000 mixers during the coming year. The cost of storing a mixer for is SR 2 per month and the ordering cost is SR 540 per order. a) Find the Economic Order Quantity. b) Calculate the total stock cost. c) How much will EOQ be changed if there is 10% increase in the price of a mixer?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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