XYZ Inc. needs 400 kgs of a material per month. It costs OMR 100 to make and receive an order, and it takes 10 workdays to receive it. The annual holding cost is 15% of purchase price. The price OMR 2 per kg. The company is operating 6 workdays per week in a 52-week year. At what level of inventory in Kgs should the company be placing orders? Round-up to the nearest integer a. 188 O b. 277 C. 247 O d. 154 O e. None is correct

XYZ Inc. needs 400 kgs of a material per month. It costs OMR 100 to make and receive an order, and it takes 10 workdays to receive it. The annual holding cost is 15% of purchase price. The price OMR 2 per kg. The company is operating 6 workdays per week in a 52-week year. At what level of inventory in Kgs should the company be placing orders? Round-up to the nearest integer a. 188 O b. 277 C. 247 O d. 154 O e. None is correct

Name: cory Management - Spring21Time left 1:06:52XYZ Inc. needs 400 kgs of
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Description: cory Management - Spring21Time left 1:06:52XYZ Inc. needs 400 kgs of a material per month. It costs OMR 100 to make and receive an order,and it takes 10 workdays to receive it. The annual holding cost is 15% of purchase price. The priceOMR 2 per kg.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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