The selling price of a certain type of computer is RO 1,000, and the annual holding cost is 20% of the value of the item. The monthly demand is 1000 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. 135 О b. 110 O c. None is correct O d. 123
The selling price of a certain type of computer is RO 1,000, and the annual holding cost is 20% of the value of the item. The monthly demand is 1000 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. 135 О b. 110 O c. None is correct O d. 123
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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![The selling price of a certain type of computer is RO 1,000, and the annual holding cost is 20% of the
value of the item. The monthly demand is 1000 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.
135
O b. 110
O C.
None is correct
O d. 123
O e.
90](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F671a357e-0cb0-47d3-8769-447273746ab2%2F09f2fbbd-f84c-4863-b658-508e0c3539d4%2F8mj6pv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The selling price of a certain type of computer is RO 1,000, and the annual holding cost is 20% of the
value of the item. The monthly demand is 1000 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.
135
O b. 110
O C.
None is correct
O d. 123
O e.
90
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