Two countries, Country A and Country B, produce petroleum and seafood. A 4-column table has 2 rows. The first column is labeled
1 answer:
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Answer:
199.02 units
Explanation:
The computation of the economic order quantity is shown below:
Data provided in the question
Annual demand per year = 5,750 units
The Cost of each units = $96
The inventory carrying cost per unit per year = $9
The average ordering cost per order = $31
So, economic order quantity is
= 199.02 units
Hence, the economic order quantity is 199.02 units