Al Khaleej Inc. needs 400 kgs of a material per month. It costs RO 100 to make and receive an order, and it takes 10 workdays to receive it. The annual holding cost is 15 % of purchase price. The price RO 2 per kg. The company is operating 6 workdays per week in a 52-week year. At what quantity in kgs you may place a new order? Round-up to the nearest integer Select one: a. 247 O b. 277 C. 188

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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Al Khaleej Inc. needs 400 kgs of a material per month. It costs RO 100 to make and receive an order, and it
takes 10 workdays to receive it. The annual holding cost is 15 % of purchase price. The price RO 2 per kg. The
company is operating 6 workdays per week in a 52-week year. At what quantity in kgs you may place a new
order? Round-up to the nearest integer
Select one:
O a. 247
O b. 277
O c. 188
d. 154
Oe. None is correct
Next page
end
IDI IO UDID DITICD O 20
Transcribed Image Text:Al Khaleej Inc. needs 400 kgs of a material per month. It costs RO 100 to make and receive an order, and it takes 10 workdays to receive it. The annual holding cost is 15 % of purchase price. The price RO 2 per kg. The company is operating 6 workdays per week in a 52-week year. At what quantity in kgs you may place a new order? Round-up to the nearest integer Select one: O a. 247 O b. 277 O c. 188 d. 154 Oe. None is correct Next page end IDI IO UDID DITICD O 20
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