1-Read carefully the statements given below and answer the following questions:

Broasted Land consumes 300 kg of chicken on a monthly basis. Keeping the stocks in good condition requires BD 3.00 while ordering these will cost the company BD 4.00. They operate daily from 10 am to 12 midnight.

What is the optimum quantity that they need to order to minimize the total cost? ( values should be rounded off )

a.102 Kg

b.98Kg

c.95 Kg

d.95 Kg

e.100Kg

2-Read carefully the statements given below and answer the following questions

Broasted Land consumes 300 kg of chicken on a monthly basis. Keeping the stocks in good condition requires BD 3.00 while ordering these will cost the company BD 4.00. They operate daily from 10 am to 12 midnight.

If the company is ordering 150 kg every order cycle, how much are they losing in terms of Total Cost as compared when they are ordering the optimum quantity?

a.BD 75-BD80

b.BD 50-BD55

c.BD 20-BD25

d. BD 30

e. BD30-BD32

3-Read carefully the statements given below and answer the following questions:

Broasted Land consumes 300 kg of chicken on a monthly basis. Keeping the stocks in good condition requires BD 3.00 while ordering these will cost the company BD 4.00. They operate daily from 10 am to 12 midnight.

As per practice , the company is ordering 150 kg every order cycle.

What is the best answer that will show the 2 total costs using the optimum quantity and the quantity used by Broasted Land as per practice ?

a. With EOQ : TC is BD 294 , as per practice, BD 321

b. With EOQ : TC is BD 294 , as per practice, BD 369

c.With EOQ : TC is BD 250 , as per practice, BD 300

d. With EOQ : TC is BD 250 , as per practice, BD 300

e.With EOQ : TC is BD 339 , as per practice, BD 369