Al Khaleej Inc. needs 325 kgs of a material per month. It costs RO 100 to make and receive an order, and it takes 16 workdays to receive it. The annual holding cost is 25 % of purchase price. The price RO 2 per kg. The company is operating 6 days per week. What is the best quantity to order? Round-up to the nearest integer- Select one: a. 395 kg O b. 267 kg O c. None is correct O d. 559 kg O e. 1249 kg
Al Khaleej Inc. needs 325 kgs of a material per month. It costs RO 100 to make and receive an order, and it takes 16 workdays to receive it. The annual holding cost is 25 % of purchase price. The price RO 2 per kg. The company is operating 6 days per week. What is the best quantity to order? Round-up to the nearest integer- Select one: a. 395 kg O b. 267 kg O c. None is correct O d. 559 kg O e. 1249 kg
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 7PB: Remarkable Enterprises requires four units of part A for every unit of Al that it produces....
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