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17 Not yet answered Marked out of 1 Rag question ABC Ltd manufactures and distributes clothes pegs. The company uses 200,000 metal strips in producing
17 Not yet answered Marked out of 1 Rag question ABC Ltd manufactures and distributes clothes pegs. The company uses 200,000 metal strips in producing pegs for the year. Each strip cost $20, the storage cost is $2, and the ordering cost is $100. With a recent capital investment, ABC Ltd can now produce metal strips at its factory at a rate of 250,000 per annum. With this information, the company's economic batch order quantity would be: a. 10000 strips b. 4472 strips Oc 5000 strips O d. 1414 strips Question 18 Not yet answered Marked out of 1 Flag question Which of the following is a DISADVANTAGE of using a moving average technique to determine time-series trends? O a. Each moving average trend value obtained does not correspond with a time point O b. The trend values obtained do not reflect the general trend O c. Only one trend value can be obtained for either of the endpoints of the series O d. No trend values are obtained for the beginning and endpoints of the series
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