Answer the following question(s)using the information below:
The Wood Furniture Company produces a specialty wood furniture product, and has the following information available concerning its inventory items:
Annual demand is 10,000 packages per year.The purchase price per package is $16.
-What is the economic order quantity for Wood Furniture Company?
A)150,000 units
B)1,000 units
C)75,000 units
D)5,000 units
E)1,464 units

Question

Answer the following question(s)using the information below:
The Wood Furniture Company produces a specialty wood furniture product, and has the following information available concerning its inventory items:
  Annual demand is 10,000 packages per year.The purchase price per package is $16.
-What is the economic order quantity for Wood Furniture Company?
A)150,000 units 
B)1,000 units 
C)75,000 units 
D)5,000 units 
E)1,464 units

Quizplus · Accepted Answer

The Answer of Answer the following question(s)using the information below:
The Wood Furniture Company produces a specialty wood furniture product, and has the following information available concerning its inventory items:
  Annual demand is 10,000 packages per year.The purchase price per package is $16.
-What is the economic order quantity for Wood Furniture Company?
A)150,000 units 
B)1,000 units 
C)75,000 units 
D)5,000 units 
E)1,464 units

Answer the Following Question(s)using the Information Below