Question: Please, I want a clear and correct solution in the shortest possible time, within a maximum of an hour, thanks Carrefour estimates an annual demand
Please, I want a clear and correct solution in the shortest possible time, within a maximum of an hour, thanks
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 12 workdays to receive it. The annual holding cost is 15 % of purchase price. The price RO 1 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 a. None is correct O b. 247 O c. 185 O d. 277 O e. 154
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