Question
12A company makes handlebars for bicycles. It purchases the bars and then bends and finishes them in its proprietary manufacturing process. The bars are purchased
12A company makes handlebars for bicycles. It purchases the bars and then bends and finishes them in its proprietary manufacturing process. The bars are purchased for P10 per unit and the company produces 50 bars daily. The cost of ordering and receiving an order is P16 per order. The cost to carry 1 handlebar in inventory for 1 week is P0.008. The company operates on a 5-day, 50-week, 250-day annual cycle. The lead time from placing an order to receiving the bar is 2 weeks. If there are 200 units on hand presently, when was the last order placed? a.4 working days ago b.6 working days ago c.8 working days ago d.16 working days ago
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