General Studies · Inventory Management
What is the Economic Order Quantity (EOQ) for Haytop Co (to the nearest whole unit), given an annual demand of 600,000 units, ordering cost of $200 per order, and holding cost of $0.50 per unit per year?
- 148,990 units
- 230,984 units
- 321,909 units✓
- 415,492 units
Correct answer
21,909 units
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