Problemgreen tees an on line retailer of t-shirts orders, Ask an Expert

Accounting

Problem:

Green Tees, an on line retailer of t-shirts, orders 10,000 t-shirts per year from its manufacturer. The carrying cost is $0.10 per shirt per year. The order cost is $550 per order.

Required:

Question: What is the optimal order quantity for the t-shirt inventory (rounded to the nearest dollar)?

Note: Provide support for your underlying principle.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91167700

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