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mantparn mantparn
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4 years ago
The General Chemical Company uses 150,000 gallons of hydro chloric acid per month. The cost of carrying the chemical in inventory is 50 cents per gallon per year, and the cost of ordering the chemical is $150 per order. The firm uses the chemical at a constant rate throughout the year. The chemical's economic order quantity is ________.
A) 32,863 gallons
B) 11,619 gallons
C) 9,487 gallons
D) 1,900 gallons
Textbook 

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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4 years ago
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wrote...
4 years ago
Thanks for the assistance, I've marked your post as best answer
wrote...
A year ago
The answer is 32, 863
wrote...
4 weeks ago
Thx
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