Multiple Choice
A certain type of computer costs $1,000,and the annual holding cost is 25% of the value of the item.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
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