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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The Economic order quantity (EOQ) is
A) 1100 units.
B) 1500 units.
C) 2300 units.
D) 2250 units.
Correct Answer:

Verified
Correct Answer:
Verified
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