Stern Corporation uses semi-hex joints in its manufacturing process. - 3446

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Stern Corporation uses semi-hex joints in its manufacturing process. If stern’s total demand for the joints for next year is estimated to be 15,000 units, and if the cost per order is $80, what is stern’s economic order quantity of semi-hex joints? Assume that carrying costs for semi-hex joints are $.51 per unit and round to the nearest 100 units.

a. 1500

b. 1700

c. 2000

d. 2200

Solution Description

Stern Corporation uses semi-hex joints in its manufacturing process. If stern’s tota