Multiple Choice
Norwich Company has determined the following costs are associated with one of its products. conomic order quantity (EOQ)
Annual quantity used in units 4800
Cost of placing one order (f) 3
nnual cost of carrying one unit in stock (E) 8
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If the annual cost of carrying one unit in stock is increased to £10 and the cost of placing one order is reduced to £2 the economic order quantity (EOQ) is
A) 47 units.
B) 46 units.
C) 44 units.
D) 89 units.
Correct Answer:

Verified
Correct Answer:
Verified
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