Multiple Choice
A certain type of computer costs $1,000, and the annual holding cost is 25%. Annual demand is 10,000 units, and the order cost is $150 per order. What is the approximate economic order quantity?
A) 16
B) 70
C) 110
D) 183
E) 600
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q66: If demand is not uniform and constant,
Q67: The fixed-period inventory model can have a
Q68: In the basic EOQ model, if D=6000
Q69: Perform an ABC analysis on the
Q70: Q is to _ systems as P
Q73: Thomas' Bike Shop stocks a high volume
Q75: Inventory that separates various parts of the
Q107: Which of the following items is mostly
Q161: Average daily demand for a product is
Q184: Among the advantages of cycle counting is