he Xenopeltics Company estimates its requirement, which is 39,000 units semiannually at a price of $4 per unit. The carrying cost at 15% of the price and its ordering cost at $90 oer order. On a 360-day basis, determine the following:
he Xenopeltics Company estimates its requirement, which is 39,000 units semiannually at a price of $4 per unit. The carrying cost at 15% of the price and its ordering cost at $90 oer order. On a 360-day basis, determine the following:
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The Xenopeltics Company estimates its requirement, which is 39,000 units semiannually at a price of $4 per unit. The carrying cost at 15% of the price and its ordering cost at $90 oer order. On a 360-day basis, determine the following:
Transcribed Image Text:How much would be the number of orders to be placed in a year?
Oapproximately 4 orders in a year
O approximately 12 orders in a year
approximately 10 orders in a year
approximately 16 orders in a year
approximately 8 orders in a year
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