Williams Toy Company will use an estimated 700,000 small processors in its manufacturing process next year.The carrying cost of processor inventory is $3.00 per unit and the cost of reordering processors is $100 per order.What is Williams Toy Company's economic ordering quantity for small processors?
A) 6,340
B) 6,831
C) 7,118
D) 7,300

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The Answer of Williams Toy Company will use an estimated 700,000 small processors in its manufacturing process next year.The carrying cost of processor inventory is $3.00 per unit and the cost of reordering processors is $100 per order.What is Williams Toy Company's economic ordering quantity for small processors?
A) 6,340
B) 6,831
C) 7,118
D) 7,300

Williams Toy Company Will Use an Estimated 700,000 Small Processors