What Is the Economic Order Quantity If the Annual Demand

question 16

Multiple Choice

What is the economic order quantity if the annual demand is 10,000 units,set up cost of placing each order is $3 and the holding cost per unit per year is $2?

• A) 174
• B) 123
• C) 245
• D) none of the above

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Definitions:

Deuterostomes

A classification of animals characterized by the anus developing before the mouth during embryonic development, includes vertebrates and echinoderms.

Embryonic Development

The process by which an embryo forms and develops, from fertilization to birth in animals or to the seedling stage in plants.

Ecdysozoa

Protostome characterized by periodic molting of the exoskeleton. Includes roundworms and arthropods.

Spiralia

Classification of invertebrate animals that includes the lophotrochozoans and platyzoans.