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
Q165: What is the break-even sales increase?
A) 25
Q175: Your company currently sells a product with
Q177: Themost fashionable pair of roller skates sells
Q178: Your current sales consist of 25 units
Q179: Bhattia Inc. has credit terms of 2/15,
Q181: A board game sells for $29.99. Leo's
Q182: ABC Co. is considering granting credit to
Q183: Stamford, Inc. currently sells 8,350 units a
Q184: You currently sell a product with a
Q190: Which one of the following is the
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