Business
Business, 11.12.2019 04:31, cadeduncan71

Chod co. uses an eoq model to determine its purchase quantities for the year. the following information is available: annual demand 25,000 units of material;
cost of placing an order $50;
cost of carrying the material in inventory $10 per unit.
the material costs $100 per unit.
1. using the eoq formula, what is the order quantity (round to nearest whole unit)?
a. 500 units
b. 71 units
c. 354 units
d. 158 units

answer
Answers: 1

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Chod co. uses an eoq model to determine its purchase quantities for the year. the following informat...

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