Multiple Choice
Moriah's Candle Company manufactures candles. The company buys wax in 45-Kilogram containers that cost $17 each. The company uses 25,000 containers per year, and usage occurs evenly throughout the year. The average cost to carry a 45-Kilogram container in inventory per year is $3, and the cost to place an order is $9. The company works 250 days per year.
The economic order quantity (rounded) is
A) 1,000 containers.
B) 750 containers.
C) 45 containers.
D) 387 containers.
Correct Answer:
Verified
Correct Answer:
Verified
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