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Lancelot plc uses a certain material named LANCE in manufacturing its products. The materials are sold in sacks and for the quarter Lancelot uses 1200
Lancelot plc uses a certain material named LANCE in manufacturing its products. The materials are sold in sacks and for the quarter Lancelot uses 1200 sacks. The cost per sack is GHC95. It costs GHC150 to place an order whiles the special storage costs are GHC4 per sack. How many orders can the company place in the year using the optimal size?
A. 2
B. 4
C. 6
D. 8
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Essentials Of Auditing And Assurance Services An Integrated Approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Al Arens
1st Edition
0130463035, 9780130463036
