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She needs 1200 kilograms per day on average. The supplier charges 62$ delivery fee per order (which is independent of the order size) and $5.00
She needs 1200 kilograms per day on average. The supplier charges 62$ delivery fee per order (which is independent of the order size) and $5.00 per kilogram. Her annual holding cost is 15 percent. Assumed she operated five days per week, 52 weeks per year. If she wants to minute her annual ordering and inventory holding costs how much palm oil should she purchase with each order (in kilograms)
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