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1 5 3 minutes remaining 2 9 OF 3 2 QUESTIONS REMAINING uesturl ? C VIIIES Mark is a buyer for Majonitronics. Majonitronics sells electronic

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29 OF 32 QUESTIONS REMAINING
uesturl?
C VIIIES
Mark is a buyer for Majonitronics. Majonitronics sells electronic equipment that includes valves. One of the valves has an annual demand of 4,000 units. The cost of each valve is R90, and the inventory carrying cost is estimated to be 10% of the cost of each valve. Mark has made a study of the costs involved in placing an order for any of the valves that Majonitronics stocks, and he has concluded that the average ordering cost is R25 per order. Furthermore, it takes about two weeks for an order to arrive from the supplier, and during this time the demand per week for the valves is approximately 80. What is the ROP?
4000
None of these
160
74.5
149
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