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Micron Corporation produces computer product and has the following information available concerning its inventory items: $490 15% Relevant ordering costs per purchase order Relevant carrying
Micron Corporation produces computer product and has the following information available concerning its inventory items: $490 15% Relevant ordering costs per purchase order Relevant carrying costs per year for each package: Required annual return on investment Required other costs per year Annual demand is 33,000 packages per year. The purchase price per package is $50. What is the number of orders that will be placed each year, assuming the quantity ordered equals 1500 packages? $8 O a. 26 orders O b. 22 orders O c. 20 orders O d. 24 orders
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