If annual demand is 12,000 units, annual holding cost is $15 per unit, and setup cost per order is $25, which of the following is the EOQ lot size?

A. 200
B. 1,000
C. 2,000
D. 300
E. 1,200


Answer: A

Business

You might also like to view...

Which of the following is NOT a way to mitigate risk?

a. share the risk b. blame it on a third party c. document the risk d. transfer the risk

Business

Process-focused layouts are used for?

a. Production of different products b. Production in small volumes c. Both production of different products and in small volume d. Neither production of different products nor production in small volume

Business

A ________ is an owner of intellectual property or information rights who transfers rights in the property or information to another party.

A. lessor B. lessee C. licensee D. licensor

Business

Repeated breaches and waivers are generally interpreted to indicate: A)poor business practices.? B) illegal behavior

C) ignorance of the law. D) modification of contract.

Business