Multiple Choice
Cindy's Toys has an average inventory of 1,800 teething rings. The carrying cost per unit per year is 5'. Cindy places an order for 3,600 teething rings on the first of each month and the order cost is $25. What is the economic order quantity (EOQ) ?
A) 4,502 units
B) 5,193 units
C) 5,492 units
D) 6,573 units
E) 6,600 units
Correct Answer:
Verified
Correct Answer:
Verified
Q303: Thomas Metal Works produces specialty products which
Q304: Green Enterprises builds custom cabinets for new
Q305: One effect of granting credit to customers
Q306: You are considering setting up a booth
Q307: If a seller requires a credit commitment
Q309: A computerized system for setting raw material
Q310: The Mix-It-Up Company is considering changing its
Q311: Define and briefly discuss the ABC, EOQ,
Q312: How might the state of the economy
Q313: Average collection period/average daily sales correctly specifies