Question: The materials manager for a billiard ball maker must place orders for resin, one of the raw materials used in producing billiard balls. She knows

The materials manager for a billiard ball maker

The materials manager for a billiard ball maker must place orders for resin, one of the raw materials used in producing billiard balls. She knows that manufacturing uses resin at a rate of 50 kilograms each day, and that it costs $0.04 PER DAY to carry a kilogram of resin in inventory. She also knows that the ordering costs for resin are $100 per order, and that the lead time for delivery is four (4) days. Assume this company operates 365 days per year. If order size was 1,000 kilograms of resin, how many orders per year would there be (do not round)? Select one: O a. 0.05 O b. 7.3 O c. 18.25 O d. 20.0 O e. 365 If the order size was 1,000 kilograms of resin, what would be the total annual costs, excluding the purchase cost of the resin? Select one: O a. $14,600 O b. $9,125 O c. $7,350 O d. $3,650 O e. $1,825

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