Karloff Medical Supply maintains an average inventory of 2,000 human skulls for sale to medical schools and filmmakers. The carrying cost per skull per year is estimated to be $5. Boris places an order for 10,000 skulls on the first of each month and the order cost is $75. What is the economic order quantity (EOQ) ?
A) 1,106 units
B) 1,657 units
C) 1,745 units
D) 1,801 units
E) 1,897 units
Correct Answer:
Verified
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