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Pats2010 Pats2010
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8 months ago

Fashion Clothiers
Assume that Fashion Clothiers Inc. uses 1,440,000 metres of material each year. Further, assume that Fashion can order the material at a cost of $2 per metre, plus fixed ordering costs of $100 per order. The firm's carrying cost is 20% of the inventory value, at cost.


Refer to Scenario: Fashion Clothiers. What is the firm’s EOQ?


▸

13,563



▸

26,833



▸

30,040



▸

43,987

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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otis24otis24
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8 months ago
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Pats2010 Author
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8 months ago
Thanks for your help!!
ealvino1610
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Yesterday
this is exactly what I needed
sweetalia
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2 hours ago
Good timing, thanks!
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