The following inventory date have been established for Tokyo Corporation:  Annual sales are 338,000 units The purchase price per unit is P6 Carrying cost is 20% of the purchase price of the goods Fixed order costs is P40 Three days are required for delivery.   What is the EOQ? Give your answer in whole number. No decimal point. Use comma. (I need the answe in 30 minutes please)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The following inventory date have been established for Tokyo Corporation: 

Annual sales are 338,000 units

The purchase price per unit is P6

Carrying cost is 20% of the purchase price of the goods

Fixed order costs is P40

Three days are required for delivery.

 

What is the EOQ? Give your answer in whole number. No decimal point. Use comma. (I need the answe in 30 minutes please)

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