Calculate EOQ given the following information: $$\begin{array} { | l | r | }
\hline \text { Annulal Bales } & \$ 750,000 \
\hline \text { Cost per order } & \$ 60 \
\hline \text { Carrying Cost } & \$ 0.10 \
\hline
\end{array}$$

Question

Calculate EOQ given the following information: $$\begin{array} { | l | r | } 
\hline \text { Annulal Bales } & \$ 750,000 \
\hline \text { Cost per order } & \$ 60 \
\hline \text { Carrying Cost } & \$ 0.10 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The EOQ (Economic Order Quantity) formula is $\sqrt{\frac{2DS}{H}}$, where D is the demand (750,000 units), S is the ordering cost ($60), and H is the carrying cost per unit ($0.10). Plugging in the values, EOQ = $\sqrt{\frac{2 \times 750,000 \times 60}{0.10}} = 30,000$ units.

Calculate EOQ Given the Following Information A)30,000 Units B)40,000 Units C)50,000 Units D)60,000 Units

Calculate EOQ Given the Following Information A)30,000 Units
B)40,000 Units
C)50,000 Units
D)60,000 Units