Engineering Board Exam Reviewer · Engineering Management · medium
Annual demand is 12,000 units and the EOQ is 632 units. About how many orders are placed per year?
- 5.3 orders
- 19.0 orders
- 12.0 orders
- 9.5 orders
Answer
B. 19.0 orders
Solution
N = D/Q = 12,000/632 = 19.0 orders per year.
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