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Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402 Exercise 14
Economic Order Quantity
Melchar Company uses 78,125 pounds of oats each year. The cost of placing an order is $18, and the carrying cost for one pound of oats is $0.45.
Required:
1. Compute the economic order quantity for oats.
2. Compute the carrying and ordering costs for the EOQ.
Melchar Company uses 78,125 pounds of oats each year. The cost of placing an order is $18, and the carrying cost for one pound of oats is $0.45.
Required:
1. Compute the economic order quantity for oats.
2. Compute the carrying and ordering costs for the EOQ.
Explanation
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We are given the following costs of M Co...
Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
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