Answered step by step
Verified Expert Solution
Question
1 Approved Answer
32) Based on the given this information. Annual demand = 5,000units, unit price = $20, order cost per order = $16, storage rate = 2%
32) Based on the given this information. Annual demand = 5,000units, unit price = $20, order cost per order = $16, storage rate = 2% per annum, interest rate = 12% per annum and obsolescence rate = 6% per annum. Find out the number of order
Select one:
a. 16 units.
b. 25 units.
c. 35 units.
d. 15 units.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started