question archive Fischer's Furniture sells 2,400 sofas a year at an average price per sofa of $1,250
Subject:FinancePrice:1.87 Bought7
Fischer's Furniture sells 2,400 sofas a year at an average price per sofa of $1,250. The carrying cost per unit is $11.60. The company orders 80 sofas at a time and has a fixed order cost of $52 per order. The sofas are sold out before they are restocked. What is the economic order quantity?
Purchased 7 times