Question: Average demand for a particular item is 1 2 0 0 units per year. It costs $ 1 0 0 to place an order for

Average demand for a particular item is 1200 units per year. It costs $100 to place an order for this ite one year. How many times will this item be ordered (PO's placed)?
Multiple Choice
10
8
24
 Average demand for a particular item is 1200 units per year.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!