If demand for one year is 25,000 units, relevant ordering cost for each purchase order is $210 and carrying cost of one unit of stock i $25, then the Economic Order Quantity (EOQ) is: O a. 648 packages O b. 678 packages O c. 668 packages O d. 658 packages

If demand for one year is 25,000 units, relevant ordering cost for each purchase order is $210 and carrying cost of one unit of stock i $25, then the Economic Order Quantity (EOQ) is: O a. 648 packages O b. 678 packages O c. 668 packages O d. 658 packages

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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If demand for one year is 25,000 units, relevant ordering cost for each purchase order is $210 and carrying cost of one unit of stock is
$ 25, then the Economic Order Quantity (EOQ) is:
O a. 648 packages
O b. 678 packages
O c. 668 packages
O d.
658 packages
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