A trading company expects to sell 15,000 mixers during the coming year. The cost of storing a mixer for is SR 2 per month and the ordering cost is SR 540 per order. a) Find the Economic Order Quantity. b) Calculate the total stock cost. c) How much will EOQ be changed if there is 10% increase in the price of a mixer?

A trading company expects to sell 15,000 mixers during the coming year. The cost of storing a mixer for is SR 2 per month and the ordering cost is SR 540 per order. a) Find the Economic Order Quantity. b) Calculate the total stock cost. c) How much will EOQ be changed if there is 10% increase in the price of a mixer?

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter13: Other Financing Alternatives

Section: Chapter Questions

Problem 1bM

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