Question: rection : Answer the questions given below. Do not attach solution. Write it in the answer box. Question1. Mr. Ulric, the purchasing manager of XYZ

rection : Answer the questions given below. Do not attach solution. Write it in the answer box.

Question1.

Mr. Ulric, the purchasing manager of XYZ Company has identified that 500 pcs of Item A001 is the demand of the company every other month. The ordering cost amounts to BD 10 while the carrying cost is BD 1. What will be the total cost if he follows the optimum order quantity ? ( Given 1 pt, Correct Solution - 3pts, Final Answer 2 pts )

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