Based on the following information, what would the economic order quantity (EOQ) be for dishwasher detergent?Fixed Cost (F) = $15Demand (D) = 75 gallons per yearCarrying Cost (C) = 20%Purchase Price (P) = $12/5 gallon pail

Question

Quizplus · Accepted Answer

The EOQ for dishwasher detergent would be 30.1. This is calculated by using the standard EOQ formula, which is:
Square root of: (2 x F x D) =
(C x P)
Square root of: (2 x 15 x 75) = 30.6
(0.20 x 12)

Based on the Following Information, What Would the Economic Order