Q1// A company estimates that it will sell 12000 units of its product for the forthcoming year. the ordering cost is 100 $ per order and the carrying cost per year is 20% of the purchase price per unit. The purchase price per unit is 50$. Find: Economic Order Quantity, No. of orders/year and time between successive order.

Q1// A company estimates that it will sell 12000 units of its product for the forthcoming year. the ordering cost is 100 $ per order and the carrying cost per year is 20% of the purchase price per unit. The purchase price per unit is 50$. Find: Economic Order Quantity, No. of orders/year and time between successive order.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 8EA: How many units are estimated to be sold it Skyline. Inc., has a planned production of 900,000 units,...

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