Purchase Solution

Financial Problem: Determining the Firm's Economic Order Quantity

Not what you're looking for?

Ask Custom Question

Tool Mart sells 1400 electronic water pumps every year. These pumps cost $54.30 each. If annual inventory carrying costs are 12% and the cost of placing an order is $90, what is the firm's EOQ?
(Q*= Sq root of 2(S)(D)/C)Also: (C = Inventory carrying cost X cost of frames)

Purchase this Solution

Solution Summary

EOQ is determined. The response received a rating of "5" from the student who posted the question.

Solution Preview

Economic Order Quantity Formula:
EOQ = Square Root(2S*D/C) ...

Purchase this Solution


Free BrainMass Quizzes
Exponential Expressions

In this quiz, you will have a chance to practice basic terminology of exponential expressions and how to evaluate them.

Multiplying Complex Numbers

This is a short quiz to check your understanding of multiplication of complex numbers in rectangular form.

Graphs and Functions

This quiz helps you easily identify a function and test your understanding of ranges, domains , function inverses and transformations.

Know Your Linear Equations

Each question is a choice-summary multiple choice question that will present you with a linear equation and then make 4 statements about that equation. You must determine which of the 4 statements are true (if any) in regards to the equation.

Geometry - Real Life Application Problems

Understanding of how geometry applies to in real-world contexts