Walmart has developed a sophisticated inventory management and cost control system that allows rapid price changes for each prod
1 answer:
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Answer:
A. 300
Explanation:
The computation of the economic order quantity is shown below:
=
where,
Annual demand = 600 bottles × 50 weeks = 30,000 bottles
Carrying cost per bottle = $50 × 40% = $20
And, the ordering cost per order is $30
Now put these values to the above formula
So, the value would equal to
=
= 300 bottles
Hence, option A is correct