Technico manufactures about 800,000 solar calculators per year. The computer chips used in the calculator cost $4.80 each, and the cost of placing an order is $65. If the carrying costs are 16%, what is the EOQ for the chips?
A) 25,495
B) 3,162
C) 8, 229
D) 11,637
Correct Answer:
Verified
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