A company requires 50 items are required every day for a machine. OMR50 per order incurred for placing an order. The inventory carrying cost per item amounts to OMR0.200 per day. The reorder period is 32 days. Compute reorder level a 1.800 items b. 1.200 items 1.400 items d 1.600 items
A company requires 50 items are required every day for a machine. OMR50 per order incurred for placing an order. The inventory carrying cost per item amounts to OMR0.200 per day. The reorder period is 32 days. Compute reorder level a 1.800 items b. 1.200 items 1.400 items d 1.600 items
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company requires 50 items are required every day for a machine. OMR50 per order incurred for placing an order. The inventory carrying cost per item amounts to OMR0.200 per day. The reorder period is 32 days. Compute reorder level a 1.800 items b. 1.200 items 1.400 items d 1.600 items
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