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FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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I need correct answer and quickly plz
Alpha retail store predicts an annual demand of 4920 kgs of a food product. 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 days) between orders? Round-up to the nearest integer
O a.
105
O b. 115
O C.
111
O d. 185
O e.
None is correct
Transcribed Image Text:Alpha retail store predicts an annual demand of 4920 kgs of a food product. 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 days) between orders? Round-up to the nearest integer O a. 105 O b. 115 O C. 111 O d. 185 O e. None is correct
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