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Used Furniture Sells 1,330 Sofas a Year at an Average

Question 97

Multiple Choice

Used Furniture sells 1,330 sofas a year at an average price per sofa of $549.The carrying cost per unit is $31.60.The company orders 75 sofas at a time and has a fixed order cost of $69 per order.The sofas are sold out before they are restocked.What is the economic order quantity?


A) 76 sofas
B) 72 sofas
C) 81 sofas
D) 98 sofas
E) 101 sofas

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