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Appliance for less is a local appliance store it costs this

Question

Appliance for less is a local appliance store. It costs this store $17.19 per unit annually for storage, insurance, etc. to hold microwave in their inventory. Sales this year are anticipated to be 257 units. Each order costs $84. The company is using Economic Order Quanity model in placing the orders.

Calculate Economic Order Quantity.

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Finance Basics: Appliance for less is a local appliance store it costs this

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Finance Basics: Appliance for less is a local appliance store it costs this

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