ExamTopics Logo
Mail Us[email protected]
Menu
Test-Prep Discussions
exam questions

Exam CGFM All Questions

View all questions & answers for the CGFM exam
Go to Exam

Exam CGFM topic 1 question 97 discussion

Actual exam question from Test Prep's CGFM
Question #: 97
Topic #: 1
[All CGFM Questions]

The city of Mudville uses 1600 oil filters annually. The cost of placing an order is $5.00. The unit cost is $3.50. The carrying cost is 20 percent, and the carrying cost per unit is &0.70(0.20x$3.50). What is the economic order quantity?

  • A. 150 oil filters
  • B. 130 oil filters
  • C. 155 oil filters
  • D. None of these
Show Suggested Answer Hide Answer
Suggested Answer: A 🗳️
by Dozy at July 23, 2020, 3:44 p.m.

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Submit Cancel
Dozy
4 years, 9 months ago
EOQ= √2*16,000*0.20*3.5 =149.663 ≅150
upvoted 1 times
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago