The selling price of a certain type of computer is RO 800, and the annual holding cost is 20% of the value of the item. Annual demand is 10,000 units, and the order cost is RO 150 per order. What is the approximate economic order quantity? Round-up to the nearest integer O a. None is correct О Б. 110 O c. 50 O d. 90 О е. 137

The selling price of a certain type of computer is RO 800, and the annual holding cost is 20% of the value of the item. Annual demand is 10,000 units, and the order cost is RO 150 per order. What is the approximate economic order quantity? Round-up to the nearest integer O a. None is correct О Б. 110 O c. 50 O d. 90 О е. 137

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Description: The selling price of a certain type of computer is RO 800, and the annual holding cost is 20% of the valueof the item. Annual demand is 10,000 units, and the order cost is RO 150 per order. What is theapproximate economic order quantity? Round-up to

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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