An item has an annual demand of 5,000 pieces, preparation costs of $30 per order, and a carrying cost of 25%. What is the Economic Order Quantity?
A.
1,095 units
B.
5,000 units
C.
417 units
D.
2,500 units
An item has an annual demand of 5,000 pieces, preparation costs of $30 per order, and a carrying cost of 25%. What is the Economic Order Quantity?
A.
1,095 units
B.
5,000 units
C.
417 units
D.
2,500 units