Calculate the economic order quantity for the company


Problem: A local electronic shop sells 8 televisions (TV) in a day. The purchase price of each unit is $55. It cost $65 when the electronic shop places an order. Calculate the economic order quantity (EOQ) for the company if the annual carrying cost percentage is 25%?

a. 146 unit

b. 142 unit

c. 138 unit

d. 148 unit

e. 152 unit

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