Multiple Choice
Newcastle Company has determined the following costs are associated with one of its products. conomic order quantity (EOQ)
Annual quantity used in units 3000
Cost of placing one order ( 10
nnual cost of carrying one unit in stock (£) 0.8
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If the cost of placing an order is reduced to £6 the economic order quantity (EOQ) is
A) 100 units.
B) 274 units.
C) 212 units.
D) 250 units.
Correct Answer:

Verified
Correct Answer:
Verified
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