Answered

Get the answers you need at Westonci.ca, where our expert community is dedicated to providing you with accurate information. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Which sentence in the passage uses the correct calculation of economic order quantity, or EOQ, for this example?

A firm manufacturing airtight containers has an annual demand of 3,000 units. The cost per order is $200. The firm incurs a carrying cost of $10 per unit. The inventory management department has a weekly meeting. During the discussion, (A) Joe puts forth that they should use an EOQ of 346 units. (B) According to Austin, the EOQ should be 400 units. Gracie states that the EOQ should be 250 units.

A.
B.

Sagot :

Answer: 346 units(a)

Explanation: you multiply2* 3,000 *200 then divide by 10 and then square root it

We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.