medium10 pts · first answer countsfixed-assetsinventory
Economic order quantity
Annual demand is 1,200 units, the cost of placing one order is ₹100, and holding cost is ₹6 per unit per year. What is the economic order quantity?
EOQ = √(2 × D × S ÷ H)
Discussion 0
Join free to post in the discussion.
Related questions
- When an item is recognised as PPEAccountant
- Costs added to a new machineAccountant
- Training staff on a new machineAccountant
- What residual value meansAccountant
- Useful life shorter than physical lifeAccountant
- Why a fixed asset register is keptAccountant
- A capitalisation thresholdAccountant
- When depreciation beginsAccountant