A company requires 50 items are required every day for a machine. OMR 50 per order incurred for placing an order. The inventory carrying cost per item amounts to OMR 0.200 per day. The reorder period is 32 days. Compute reorder level. a. 1,400 items b. 1,200 items c. 1,600 items d. 1,800 items

A company requires 50 items are required every day for a machine. OMR 50 per order incurred for placing an order. The inventory carrying cost per item amounts to OMR 0.200 per day. The reorder period is 32 days. Compute reorder level. a. 1,400 items b. 1,200 items c. 1,600 items d. 1,800 items

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter15: Managing Short-term Assets

Section: Chapter Questions

Problem 15PROB

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