What do you mean by economic order quantity


Green corporation currently sells 4000 umbrellas per year at a fairly constant rate. To place an order with their supplier costs $200 and the cost to store it on an annual basis is $2. what is economic order quantity?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What do you mean by economic order quantity
Reference No:- TGS088326

Expected delivery within 24 Hours