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Company A manufactures dining tables made out of timber. It currently uses 100 kilograms of timber quarterly. It procures its timber from a supplier based
Company A manufactures dining tables made out of timber. It currently uses 100 kilograms of timber quarterly. It procures its timber from a supplier based in Rundu. The supplier works as a middle man, because he also sources such timber elsewhere and adds his commission of 15%. According to Company A's 2021 records, it costed them N$60 to place an order. Company A's holding cost is five percent of the purchase price. A 365 calendar year is applicable. Total ordering cost amount to (rounded to the nearest NS): O A. 1191 OB. 1911 OC. None of the above OD 1091 OE. 1119
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