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Answer the Following Question(s)using the Information Below

Question 13

Multiple Choice

Answer the following question(s) using the information below:
Sandrington Ltd.operates a retail bicycle shop.Wheel covers are popular with customers.Sandrington purchases these covers for $48 per pair, and expects to sell 5,000 pairs per year.Ordering costs are estimated at $180 per order and relevant insurance handling etc.costs are estimated at $3.60 per month.The company has established a 14% annual return on investment.
-The EOQ quantity for Sandrington is:


A) 418 units
B) 506 units
C) 2,449 units
D) 707 units
E) 24 units

Correct Answer:

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