A retail operation sells computers. Each computer retails for $499. The monthly holding cost for each computer is $4. Placing an order costs $1000, regardless of the quantity of computers ordered. The monthly demand for computers at this operation is 320. Using the basic EOQ model, the economic order quantity is

400

Explanation:

Calculation to determine the economic order quantity is using the basic EOQ model,

Using this formula

EOQ=√(2[Demand][Order cost] / [Unit holding cost])

Where,

Demand=320

Order cost =$1,000

Unit holding cost =$4

Let plug in the formula

EOQ=√2*320*1,000/$4

EOQ=√640,000/$4

EOQ=√160,000

EOQ=400

Therefore the economic order quantity is using the basic EOQ model is 400

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.