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Question 13 Abdulrahman Al Mansouri is the purchasing manager at the headquarter of ADNIC insurance company with a central inventory operation. ADNIC's fastest-moving inventory item
Question 13 Abdulrahman Al Mansouri is the purchasing manager at the headquarter of ADNIC insurance company with a central inventory operation. ADNIC's fastest-moving inventory item has a demand of 11471 units per year. The inventory carrying cost is AED 49 per unit per year. The average ordering cost is AED120 per order. Abdulrahman Al Mansouri like to calculate Economic Order Quantity of the inventory item. Calculate Economical order Quantity (Q") of the Inventory item using Basic EOQ Model? Note: You can write final answer either as a whole number OR decimal points
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