Answer the following questions using the information below:
The Katoomba Furniture company produces a specialty dining table,and has the following information available concerning its inventory items:
Annual demand is 1000 tables per year.The purchase price per table is $1600.
-What is the economic order quantity (EOQ) ?
A) 150 units
B) 54 units
C) 100 units
D) 75 units
Correct Answer:
Verified
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