Multiple Choice
Use this information below to calculate the optimal order quantity:
Annual demand for backpacks is 43,000 units
The cost to place an order is $220
The per unit cost of the item is $60.00
The annual holding rate is 37.5%
Choose the closest answer.
A) 920 units
B) 250 units
C) 710 units
D) 830 units
Correct Answer:
Verified
Correct Answer:
Verified
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