Alpha retail store predicts an annual demand of 4920 kgs of a food product. It costs RO 100 to make and receive an order, and it takes 12 workdays to receive it. The annual holding cost is 20 % of purchase price. The price RO 2 per kg. The company is operating 6 workdays per week in a 52-week year. What is the expected time (in days) between orders? Round-up to the nearest integer O a. 100 O b. 111 O c. None is correct O d. 115 е. 185

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Alpha retail store predicts an annual demand of 4920 kgs of a food product. It costs RO 100 to make and
receive an order, and it takes 12 workdays to receive it. The annual holding cost is 20 % of purchase price.
The price RO 2 per kg. The company is operating 6 workdays per week in a 52-week year. What is the
expected time (in days) between orders? Round-up to the nearest integer
O a. 100
Ob.
111
None is correct
O d. 115
O e.
185
S PAGE
NEXT PAGE
MAG241C
1500R
144
SURVED
EO GAMING MONITOR
Transcribed Image Text:Alpha retail store predicts an annual demand of 4920 kgs of a food product. It costs RO 100 to make and receive an order, and it takes 12 workdays to receive it. The annual holding cost is 20 % of purchase price. The price RO 2 per kg. The company is operating 6 workdays per week in a 52-week year. What is the expected time (in days) between orders? Round-up to the nearest integer O a. 100 Ob. 111 None is correct O d. 115 O e. 185 S PAGE NEXT PAGE MAG241C 1500R 144 SURVED EO GAMING MONITOR
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