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Which is the optimal order quantity using the fixed-order

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Reference no: EM132982998

Problem 1: If annual demand is 35,000 units, the ordering cost is $50 per order, and the holding cost is $0.65 per unit per year, which of the following is the optimal order quantity using the fixed-order-quantity model?

Multiple Choice

Option 1: 5,060
Option 2: 2,133
Option 3: 2,320
Option 4: 2,004
Option 5: 1,866

Reference no: EM132982998

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