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EOQ

A certain type of table costs $10, and the annual carrying cost rate is .20. Annual demand is 12 and purchase order cost is $3 per order. What is the economic order quantity?

a - 6
b - 8
c - 10
d - 26

Solution Preview

A certain type of table costs $10, and the annual carrying cost rate is .20. Annual demand is 12 and ...

Solution Summary

The solution calculates Economic Order Quantity.

$2.19