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The Alpha Company uses 12,000 valves per year. Each valve costs P50. The Materials Department estimates that it costs P1,700 to order a shipment of

The Alpha Company uses 12,000 valves per year. Each valve costs P50. The Materials Department estimates that it costs P1,700 to order a shipment of valves and the Accounting Department estimates the carrying cost is 15 percent of the value of inventory. Determine the time between each order.

a.70.11 days

b.71.01 days

c.61.07 days

d.71.10days

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