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A Store Sells 10,000 Bags of Dried Fruit Products Per

Question 106

Multiple Choice

A store sells 10,000 bags of dried fruit products per year.Ordering costs for supplies amount to $12.50 per order,and holding costs amount to $0.55 per bag per month.What would the economic order quantity (EOQ) be for this business?


A) 190
B) 195
C) 200
D) 205

Correct Answer:

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