Problem 21-9 Economic Order Quantity (LO3) Micro-Encapsulator Corp. (MEC) expects to sell 9,025 miniature home encapsula

[answerhappygod]

Problem 21 9 Economic Order Quantity Lo3 Micro Encapsulator Corp Mec Expects To Sell 9 025 Miniature Home Encapsula 1 (35.79 KiB) Viewed 29 times

Problem 21-9 Economic Order Quantity (LO3) Micro-Encapsulator Corp. (MEC) expects to sell 9,025 miniature home encapsulators this year. The cost of placing an order from its supplier is $50. Each unit costs $10.00 and carrying costs are 10% of the purchase price. a. What is the economic order quantity? (Round your answer to the nearest whole value.) :38 EOQ units b. What are total costs - order costs plus carrying costs - of inventory over the course of the year? (Round your answer to the nearest whole dollar.) Total costs of inventory