Multiple Choice
Bounce Rubber Store sells 50 000 tyres per year.The wholesale price is $200 per tyre.The cost of processing each order to be placed with the wholesaler is $50 and carrying costs are $1 per tyre per year.What is the economic order quantity?
A) 1118 tyres.
B) 2236 tyres.
C) 44.72 tyres.
D) 2000 tyres.
Correct Answer:
Verified
Correct Answer:
Verified
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