Multiple Choice
You sell 7,000 units of an item each year. The carrying cost per unit is $1.10 and the fixed costs per order are $75. What is the economic order quantity?
A) 691 units
B) 713 units
C) 859 units
D) 977 units
E) 1,025 units
Correct Answer:
Verified
Correct Answer:
Verified
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