Multiple Choice
The Dingle company uses 12,000 units of dingits each year,and pays 75p each for them.The administration costs associated with each order is £175 and the shareholder costs are estimated at 20% per annum.Calculate the economic order quantity (EOQ) .
A) 3672
B) 2050
C) 5292
D) 1184
Correct Answer:
Verified
Correct Answer:
Verified
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