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Question 119

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Answer the following questions using the information below:
The Wood Furniture company produces a specialty wood furniture product, and has the following information available concerning its inventory items:
Answer the following questions using the information below: The Wood Furniture company produces a specialty wood furniture product, and has the following information available concerning its inventory items: Annual demand is 20,000 packages per year. The purchase price per package is $32. -What is the economic order quantity? A) 2,000,000 units B) 1,414.21 units C) 150,000 units D) 3,464.00 units Annual demand is 20,000 packages per year. The purchase price per package is $32.
-What is the economic order quantity?


A) 2,000,000 units
B) 1,414.21 units
C) 150,000 units
D) 3,464.00 units

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