Each year you sell 3,000 units of a product at a price of $29.99 each. The variable cost per unit is $18.72 and the carrying cost per unit is $1.43. You have been buying 250 units at a time. Your ﬁxed
Cost of ordering is $30. What is the economic order quantity?

Question

Quizplus · Accepted Answer

The Answer of Each year you sell 3,000 units of a product at a price of $29.99 each. The variable cost per unit is $18.72 and the carrying cost per unit is $1.43. You have been buying 250 units at a time. Your ﬁxed
Cost of ordering is $30. What is the economic order quantity?

Each Year You Sell 3,000 Units of a Product at a Price