Use the information below to calculate the number of orders per year when using the eoq: annual demand for an item is 43,000 units the cost to place an order is $200 the per unit cost of the item is $50.00 the annual holding rate is 35% choose the closest answer.

The closest answer is 49.

Explanation:

Given that,

Annual demand, D = 43,000 units

Ordering cost, O = $200

Per unit cost of the item = $50

Annual holding cost, H =  annual holding rate × Per unit cost of the item

                                      = 35% × $50

                                      = $17.5

              = 991.39

              = 992 units

Therefore,

Number of orders per year = Annual demand ÷ EOQ

                                             = 43,000 ÷ 992

                                             = 43.34

Hence, the closest answer is 49 and this is not given in the question.

you're crazy if you think that someone is going to write a 500 word report for you.

i'ts proportional. if the inflation rate is 12% for example, the cpi will be 12% less.

hope it ,

bioteacher101