The item costs 60 a unit and order costs 75 how many must

Reference no: EM13473449

A company uses 121000 units a year. If the inventory carrying charge is 25%, the item costs $60 a unit, and an order costs $75, how many should be ordered at a time if they are using EOQ ordering rules? What is the total annual inventory cost?

Reference no: EM13473449

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