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borteleto borteleto
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5 years ago
A textile manufacturer has cloth that has a $14 per yard carrying cost per year. This cloth is used at a rate of 25,000 yards per year, and ordering costs are $10 per order.

a.What is the economic order quantity for this cloth?
b.What are the annual inventory costs for this firm if it orders in this quantity?
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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DeanaRayDeanaRay
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5 years ago
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borteleto Author
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5 years ago
I'm still confused, but thanks for answering correctly
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