What is the economic order quantity, Microeconomics

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What is the economic order quantity

Cindy's Infant Toys has an average inventory of 1,800 teething rings. The carrying cost per unit per year is $0.05. Cindy places an order for 3,600 teething rings on the first of each month and the order cost is $25. What is the economic order quantity (EOQ)?

(a) What is the economic order quantity (EOQ)?
(b) What is the average inventory using the EOQ?
(c) What are the total carrying costs using the EOQ?

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Microeconomics: What is the economic order quantity

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: What is the economic order quantity

Reference No:- TGS065798

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : Prepare stakeholder balance sheet

Q : Compute the ending inventory at may 31

Q : Find firm-s wacc if there is only debt and common equity

Q : Income statement as loss on extinguishment of debt

Q : What is the economic order quantity

Q : Compute the estimated inventory at may 31

Q : Which country has purchasing-power parity with us

Q : Gain or loss recognized on the called bonds

Q : What is the cost of the ending inventory

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: What is the economic order quantity

Reference No:- TGS065798

Recent Questions Asked Microeconomics

Q : Prepare stakeholder balance sheet

Q : Compute the ending inventory at may 31

Q : Find firm-s wacc if there is only debt and common equity

Q : Income statement as loss on extinguishment of debt

Q : What is the economic order quantity

Q : Compute the estimated inventory at may 31

Q : Which country has purchasing-power parity with us

Q : Gain or loss recognized on the called bonds

Q : What is the cost of the ending inventory

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