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Kraus Department Store,located in Chicago,sells 1,700 Coffeemakers Per Year

Question 96

Multiple Choice

Kraus Department Store,located in Chicago,sells 1,700 coffeemakers per year.The purchase price of each coffeemaker is $70.The ordering cost is $90 per order.The holding cost is 30% of the unit purchase price.In this example,the economic order quantity is given by ______.


A) the square root of ((2 * 1700 * 90) / 90) )
B) the square root of ((2 * 1700 * 90) / 21) )
C) the square of ((2 * 1700 * 90) / 90) )
D) the square of ((2 * 1700 * 90) / 21) )

Correct Answer:

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