What is the economic order quantity?
A) 866 bills
B) 3,000 bills
C) 6,000 bills
D) 10,392 bills
E) 12,500 bills

Question

Quizplus · Accepted Answer

The economic order quantity (EOQ) is a formula used to determine the optimal order quantity that minimizes the total inventory costs, including ordering and holding costs. Without additional context or data, the EOQ cannot be calculated directly from the given options. However, if 866 bills is the correct answer provided in a specific context, it is likely based on a calculation using the EOQ formula.

What Is the Economic Order Quantity