Amazing wood creation produces a specialty

Reference no: EM133608451

Question: Amazing Wood Creation produces a specialty wood furniture product, and has the following information available concerning its inventory items: Relevant ordering costs per purchase order $450 Relevant carrying costs per year for each unit: Required annual return on investment 15% Required other costs per year $4 The annual demand is 30,000 units per year. The purchase price per unit is $48. What is the economic order quantity?

Reference no: EM133608451

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