Multiple Choice
Orange Company expects demand for a product to be 12,005 units annually. It costs $5 per unit to hold inventory for one year. Order costs are $50 per order. The economic order quantity is:
A) 600 units.
B) 1,200 units.
C) 240 units.
D) 490 units.
Correct Answer:
Verified
Correct Answer:
Verified
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