The DCM Company uses 200,000 liters of hydrochloric acid per month. The cost of carrying...
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Accounting
The DCM Company uses 200,000 liters of hydrochloric acid per month. The cost of carrying the chemical in inventory is 75 cents per liter per year, and the cost of ordering the chemical is P1,500 per order. The firm uses the chemical at a constant rate throughout the year. The chemical's economic order quantity is 20,000L 97,980L 28,248L 69,282L
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