Question: Please give me the correct answer as soon as possible! Al Khaleej Inc. needs 325 kgs of a material per month. It costs RO 100

Please give me the correct answer as soon as possible!

Al Khaleej Inc. needs 325 kgs of a material per month. 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 days per week. What is the best annual total holding and ordering cost in RO? Round- up to the nearest integer Select one: a. None is correct b, 625 @c. 649 d. 484 e. 502

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!

Please give me the correct answer as soon as possible! Al Khaleej Inc. needs 400 kgs of a material per month. It costs RO 100 to make and receive an order, and it takes 12 workdays to receive it. The...

Please give me the correct answer as soon as possible! Al Maha Company is specialized in mangoes distribution in the city of Muscat. Sales are 420 boxes per month (four weeks). It costs OR 10 to make...

Please give me the correct answer as soon as possible! Al Maha Company is specialized in mangoes distribution in the city of Muscat. Sales are 430 units per month. It costs OR 10 to make and receive...

Please give me the correct answer as soon as possible! Al Maha Company is specialized in mangoes distribution in the city of Muscat. Sales are 400 units per month. It costs OR 50 to make and receive...

please answer all the questions!! Al Khaleej Inc. needs 350 kgs of a material per month. It costs RO 10 to make and receive an order, and it takes 18 workdays to receive it. The annual holding cost...

Not yet awered Marked out of 1.50 Flag question Question 1 Not yet answered Marked out of 1,50 Flag question A company would like to classify its inventory systems using ABC Inventory classification...

Al Khaleej Inc needs 325 kgs of a material per month. It costs RO 100 to make and receive an order, and it takes 16 workdays to receive it. The annual holding cost is 25 % of purchase price. The...

Al Khaleej Inc. needs 325 kgs of a material per month. 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...

Please solve all questions because this is my last chance to post the question. Testing, labs, inspectors and interruptions of production to take samples, are examples of Question 22 Not yet answered...

please answer all the questions quickly Al Khaleej Inc. needs 400 kgs of a material per month. It costs RO 100 to make and receive an order, and it takes 12 workdays to receive it. The annual holding...

You are shown the following Markowitz frontier and Capital Market Line, from a UK perspective, when combining UK stocks with German stocks. UK stocks have an expected return of 4% and a standard...

Please solve the below PDE 1D heat equation with Newman boundary conditions Question: Consider the following parabolic PDE: Ut = 0.25 Uxx ux(0,t) = u(1,t)=0, t 0; u(x,0) = -3 cos (x) + 2 cos (7x),...

14. True or False Inductive arguments always proceed from the particular to the general.

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...