Al Khaleej Inc. needs 440 kgs of a material per month. 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 2 per kg. The company is operating 6 workdays per week in a 52-week year. What is the expected time (in weeks) between order? Round-up to the nearest integer Select one: a. 105 Ob. 111 Oc. 185 O d. 207 e. None is correct Next page

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Al Khaleej Inc. needs 440 kgs of a material per month. 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 2 per kg. The
company is operating 6 workdays per week in a 52-week year. What is the expected time (in weeks) between
order? Round-up to the nearest integer
Select one:
O a. 105
O b. 111
Oc. 185
O d. 207
O e. None is correct
Next page
mod/quiz/attempt.php?attempt=D1600726&cmid%3815278&page=10%D
Transcribed Image Text:Al Khaleej Inc. needs 440 kgs of a material per month. 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 2 per kg. The company is operating 6 workdays per week in a 52-week year. What is the expected time (in weeks) between order? Round-up to the nearest integer Select one: O a. 105 O b. 111 Oc. 185 O d. 207 O e. None is correct Next page mod/quiz/attempt.php?attempt=D1600726&cmid%3815278&page=10%D
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