Owen-King Company sells optical equipment. Lens Company manufactures special glass lens. Owen-King Company orders 5,200 lens per year, 100 per week at $20 per lens. Lens Company covers all shipping costs. Owen-King Company earns 30% on its cash investments. The purchase-order lead time is 2.5 weeks. Owen-King Company sells 125 lens per week. The following data is available:
What is the economic-order quantity for Owen-King Company?
A) 325 lens
B) 297 lens
C) 210 lens
D) 161 lens
E) 92 lens
Correct Answer:
Verified
Q25: The purchase order lead time is
A)the difference
Q26: Use the information below to answer the
Q32: The following information has been gathered for
Q37: Use the information below to answer the
Q39: Use the information below to answer the
Q39: Which of the following statements is true?
A)
Q40: Owen-King Company sells optical equipment. Lens Company
Q41: Answer the following question(s) using the information
Q42: Answer the following question(s) using the information
Q50: Answer the following question(s)using the information below:
The
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