Stan Lee's Sells 4300 Carpets a Year at an Average

question 26

Multiple Choice

Stan Lee's sells 4300 carpets a year at an average price per carpet of $1490.The carrying cost per unit is $21.63.The company orders 500 carpets at a time and has a fixed order cost of $69 per order.The carpets are sold out before they are restocked.What is the economic order quantity?

• A)315 carpets
• B)348 carpets
• C)166 carpets
• D)184 carpets
• E)147 carpets

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