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Rajesh Indian Market ( RIM ) is open 1 2 months out of the year. At RIM, the demand for rice is very consistent 2
Rajesh Indian Market RIM is open months out of the year. At RIM, the demand for rice is very consistent pounds per month. RIM orders the rice from a distributor in India at an ordering cost of $ per order. Rice costs $ per pound, and annual carrying charge is Answer questions based on this information.
Q How many orders will RIM place in a year? round up to the nearest whole number
a orders
b orders
c orders
d orders
Q What is the average inventory? round up to the nearest whole number
a units
b units
c units
d units
Q What is the inventory turnover based on the rounded up number of average inventory
a times
b times
c times
d times
Q What is the annual ordering cost based on the rounded up number of orders
a $
b $
c $
d $
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