Cindy's Toys has an average inventory of 1,800 teething rings. The carrying cost per unit per year is 5'. Cindy places an order for 3,600 teething rings on the first of each month and the order cost is $25. What is the economic order quantity (EOQ) ?
A) 4,502 units
B) 5,193 units
C) 5,492 units
D) 6,573 units
E) 6,600 units
Correct Answer:
Verified
Q164: One popular child's toy sells for $39.99.
Q165: What is the break-even sales increase?
A) 25
Q166: A firm offers credit terms of 1/5,
Q167: Your current sales consist of 25 units
Q168: A firm sells 45,000 units a year.
Q170: Each year you sell 3,000 units of
Q171: A board game sells for $29.99. Leo's
Q172: Your company is considering granting credit to
Q173: Your company purchased $10,000 worth of inventory
Q174: Babylon Corporation has an annual demand of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents