Multiple Choice
Use the information below to answer the following question(s) .Office Supply House purchases 4,160 reams of paper per year, ordered in lots of 80 reams per week at $150 per ream.The vendor covers all shipping costs.Office Supply House is not required to inspect the shipment upon entry.Office Supply House earns 20% on its cash investments.The purchase order lead time is two weeks.The following cost data are available:
-What is the economic order quantity?
A) 324 reams
B) 235 reams
C) 114 reams
D) 100 reams
E) 110 reams
Correct Answer:

Verified
Correct Answer:
Verified
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