find ordering quantity
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Explanation:
TC is the total annual inventory cost—to be calculated.
P is the price per unit paid—assume $5 per unit.
D is the total number of units purchased in a year—assume 3,500 units.
H is the holding cost per unit per year—assume $3 per unit per annum.
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Answer:
Economic Order Quantity (EOQ)
TC is the total annual inventory cost—to be calculated.
P is the price per unit paid—assume $5 per unit.
D is the total number of units purchased in a year—assume 3,500 units.
H is the holding cost per unit per year—assume $3 per unit per annum.
Explanation:
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