Alexandram3869 Alexandram3869

06-02-2024
Business

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Details regarding Chovita Corp.'s inventory are given below. The firm's economic order quantity (EOQ) is _____. (Round off the answer to the nearest whole number.)

Ordering cost = $20 per order
Carrying cost = 25% of purchase price
Purchase price = $30 per unit
Total sales for the year = 2,000 units

a) 113
b) 126
c) 142
d) 157

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