Multiple Choice
A firm sells 13,000 units a year. The carrying cost per unit per year is $0.84. As a policy, orders are placed at 400 units each. The fixed cost per order is $64. What is the economic order quantity?
A) 995 units
B) 1,165 units
C) 1,407 units
D) 1,595 units
E) 1,747 units
Correct Answer:
Verified
Correct Answer:
Verified
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