A components manufacturer uses approximately 20,000 units annually of an item.They are used at a steady rate during the 250 workdays that the plant operates.The price of each item is $7.00,and the annual carrying cost is $0.50 per unit per year.The ordering cost is $50.What is the economic order quantity?

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The Answer of A components manufacturer uses approximately 20,000 units annually of an item.They are used at a steady rate during the 250 workdays that the plant operates.The price of each item is $7.00,and the annual carrying cost is $0.50 per unit per year.The ordering cost is $50.What is the economic order quantity?

A Components Manufacturer Uses Approximately 20,000 Units Annually of an Item.They