The Economic Order Quantity for a Product Is 500 Units

question 59

Multiple Choice

The economic order quantity for a product is 500 units.However, new orders require five working-days lead time during which time 60 units will be used.Given this information, the correct economic order quantity is:

• A)440 units.
• B)500 units.
• C)507 units.
• D)560 units.

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