In the basic EOQ model, an annual demand of 40 units, an ordering cost of $5, and a holding cost of $1 per unit per year will result in an EOQ of:
A)20
B)square root of 200
C)200
D)400
E)none of these

Question

Quizplus · Accepted Answer

The Answer of In the basic EOQ model, an annual demand of 40 units, an ordering cost of $5, and a holding cost of $1 per unit per year will result in an EOQ of:
A)20
B)square root of 200
C)200
D)400
E)none of these

In the Basic EOQ Model, an Annual Demand of 40