Al Khaleej Inc. needs 400 kgs of a material per month. It costs RO 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 RO 2 per kg. The company is operating 6 workdays per week in a 52-week year. At what quantity in kgs you may place a new order? Round-up to the nearest integer Select one: Oa. 277 Ob. 188 c. None is correct O d. 154 O e. 247
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Calculate the total number of workdays in a year: 6 workdays/week * 52 weeks/year = 312 workdays/year. Show more…
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