The following information applies to Krynton Corp. which supplies microscopes to laboratories throughout the country. Krynton purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation.

Assuming each order was made at the economic order quantity amount, what is the cost of placing an order?
A) $850 per order
B) $153 per order
C) $144 per order
D) $900 per order

Question

The following information applies to Krynton Corp. which supplies microscopes to laboratories throughout the country. Krynton purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation.

Assuming each order was made at the economic order quantity amount, what is the cost of placing an order?

Assuming each order was made at the economic order quantity amount, what is the cost of placing an order?
A) $850 per order 
B) $153 per order 
C) $144 per order 
D) $900 per order

Quizplus · Accepted Answer

Cost of placing an order = $2600 / 17 = $153 per order

The Following Information Applies to Krynton Corp