Answer the Following Questions Using the Information Below:
North Ryde $\quad\quad\quad \$ 21.25$

question 94

Multiple Choice

Answer the following questions using the information below:
North Ryde Optics sells optical equipment.Vision Lenses manufactures special glass lenses.North Ryde Optics orders 10 400 lenses per year,200 per week at $20 per lens.Vision Lenses covers all shipping costs.North Ryde Optics earns 30% on its cash investments.The purchase-order lead time is 2.5 weeks.North Ryde Optics sells 250 lenses per week.The following data are available:
Relevant ordering costs per purchase order $\quad\quad\quad \$ 21.25$
Relevant insurance, materials handling, breakage,
and so on, per year $\quad\quad\quad\quad\$2.50$

-What is the economic order quantity (EOQ) for North Ryde Optics?

• A)325 lenses
• B)210 lenses
• C)297 lenses
• D)228 lenses

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