Calculate the EOQ size for the following case. What is the EOQ size and the number of orders placed per quarter? For your answer, round up the figures up to 0 decimal points. (size/number) The average demand for the item is 540 units per quarter. It costs $150 to place an order. The item's price is $250 per unit and carrying cost ratio for the year is 20%
a. 147 units/4 times per quarter c. 74 units/15 times per quarter
b. 147 units/15 times per quarter d. 74 units/8 times per quarter
A
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