C. Optimal number of orders per year D. Optimal time between orders
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me answer c and d
Transcribed Image Text:1. An inventory system has an annual ordering
cost of P12,000 per order, an annual per unit
carrying cost of P35, and an annual demand of
3,000 units ( assuming a 365-day year. Compute
the following
A. Economic Order Quantity
B. Minimum total annual inventory cost
C. Optimal number of orders per year
D. Optimal time between orders
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