Please ignore, square root the answer and not the entire calc
T
tshepomkb·
I've tried this calculation over and over on my calculator and the answer is different from what is being made an example of regarding the EOQ. The only way I'm getting to an answer remotely close to 894 units is if I substitute the $1.20 with $1.095 witch then = 894.79
Likewise with example 2, I cant reach the same answer.
kindly advise on the error
T
tshepomkb·
*which*
L
Lucas·
2x15x32,000=960,000
960,000/1.20=800,000
square root of 800,000=894.42 rounded down to 894
Likewise with example 2, I cant reach the same answer.
kindly advise on the error
960,000/1.20=800,000
square root of 800,000=894.42 rounded down to 894