Multiple Choice
Pink Company expects demand for a product to be 12,005 units annually. It costs $5 per unit to carry inventory for one year. Order costs are $50 per order. The economic order quantity is:
A) 600 units.
B) 240 units.
C) 1,200 units.
D) 490 units.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q54: Which statement concerning working capital is not
Q55: Credit should be granted to customers in
Q56: A firm has annual credit sales of
Q57: A company wishes to reduce the amount
Q58: Because of uncertainty of demand, a firm
Q59: Which of the following is not one
Q60: If inventory turnover changes from 4 times
Q62: Extending the credit period granted, with all
Q63: Which statement concerning the operating cash cycle
Q64: The economic order quantity model is concerned