Sir, I’m trying to find out where the EOQ units are in the following question to calculate the cost of order & holding cost. I have been given this information in the question that I am attempting!
Annual Units 10,000 Holding cost $1.25 Cost of order $50 Reorder size (units) 250
I don’t know what does reorder units meant by. Can you pls explain what reorder units are here for?