The correct answer to this statement is true. It is because a data feed is responsible for providing ongoing streams in regards to a structured data by which it allows and provides the users to update current information that could be important and for their own benefit.
Answer:
Quantity to minimize total inventory cost = 316.23 units
Explanation:
The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.
It is computed using the formulae below
EOQ = √ (2× Co× D)/Ch
Co- Ordering cost, Ch- Carrying cost - D- Annual demand
Co- 20, Ch- 2, D- 5,000
Annual demand = 100 × 50 = 5000
EOQ = √(2×20× 5000)/2 = 316.227766
Quantity to minimize total inventory cost = 316.23 units
Explanation:
Penetration pricing is a marketing strategy used by businesses to attract customers to a new product or service by offering a lower price during its initial offering.