Carrefour estimates an annual demand of a grocery product at 4800 kgs. It costs RO 100 to make and receive an order, and it takes 16 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 level of inventory in Kgs should the company be placing orders? Round-up to the nearest integer O a. 247 ОЬ. 200 О с. 188 O d. 180 е. None is correct

Carrefour estimates an annual demand of a grocery product at 4800 kgs. It costs RO 100 to make and receive an order, and it takes 16 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 level of inventory in Kgs should the company be placing orders? Round-up to the nearest integer O a. 247 ОЬ. 200 О с. 188 O d. 180 е. None is correct

Name: Carrefour estimates an annual demand of a grocery product at 4800 kgs
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Description: Carrefour estimates an annual demand of a grocery product at 4800 kgs. It costs RO 100 to make andreceive an order, and it takes 16 workdays to receive it. The annual holding cost is 15 % of purchase price.The price RO 2 per kg. The company is opera

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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