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What is the economic order quantity

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Question - Each year you sell 3,000 units of a product at a price of $29.99 each. The variable cost per unit is $18.72 and the carrying cost per unit is $1.43. You have been buying 250 units at a time. Your fixed cost of ordering is $30. What is the economic order quantity?

a-355 units  

b-342 units  

c-367 units

d-329 units  

e-338 units

Reference no: EM133094191

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