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Tool Mart Sells 1,400 Electronic Water Pumps Every Year

Question 17

Multiple Choice

Tool Mart sells 1,400 electronic water pumps every year. These pumps cost $54.30 each. If annual inventory carrying costs are 12% and the cost of placing an order is $90, what is the firm's EOQ?


A) 139
B) 122
C) 197
D) 148

Correct Answer:

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