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Active 7 years ago
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  • April 20, 2016 at 2:49 pm #311906
    mysterymikkyd84
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    3rd attempt. Doubled my score from Sep 15 sitting and got 68%. Super super relieved. It’s all about the question practice for me. Lots and lots and lots. Thank God, Jesus, Allah, and me.

    September 3, 2015 at 10:10 pm #269754
    mysterymikkyd84
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    Hi. Sorry. No matter what I do I cannot come up with 6000 as the EOQ.

    EOQ = SQUARE RT ((2xORDER COST x DEMAND\HOLDING COST)

    = _|2x100x90,000 / 45,000

    So that spits out square root of 400 = 20 which is ridiculous.

    I get the holding cost as 10% of Purchase price per year so 90,000 units x $5 x 10%

    Please help as this is driving me mad.

    Thanks

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