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AsyrafHadi Sdn Berhad sells240,000 stools per year.Based on the company'spolicy,a safetystockof4 percent from yearly sales is to be maintained.The carryingcostisRM0.50per unit annually and the ordering
AsyrafHadi Sdn Berhad sells240,000 stools per year.Based on the company'spolicy,a safetystockof4 percent from yearly sales is to be maintained.The carryingcostisRM0.50per unit annually and the ordering costs are RM180.The delivery time is 10 days.Order should be placed in 100 units and there is360days in a year.Compute:
a). The number of orders placed annually.
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