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What is the economic order quantity of wids

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Reference no: EM131750784

Question: The Beta Corporation sells 1 00,000 tillets per year. Each tillet requires 4 wids. Fixed ordering costs are $300 and carrying costs per wid are $8 per year.

(a) What is the economic order quantity of wids?

(b) What are the total costs per year (carrying costs plus fixed and variable ordering costs)?

Reference no: EM131750784

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