Khaleej prder, and it takes 10 workdays to receive it. The annual holding cost is 15 % of purchase price. The price RO 2 per kg. The company is operating 6 workdays per week in a 52-week year. At what quantity in kgs you may place a new order? Round-up to the nearest integer needs ike and receive an Select one: O a. 188 O b. 154 O c. 247

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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12/Do not solve it in excel , please.
Al Khaleej Inc. needs 400 kgs of a material per month. It costs RO 100 to make and receive an
order, and it takes 10 workdays to receive it. The annual holding cost is 15 % of purchase price.
The price RO 2 per kg. The company is operating 6 workdays per week in a 52-week year. At
what quantity in kgs you may place a new order? Round-up to the nearest integer
Select one:
O a. 188
O b. 154
O c. 247
O d. 277
e. None is correct
Transcribed Image Text:Al Khaleej Inc. needs 400 kgs of a material per month. It costs RO 100 to make and receive an order, and it takes 10 workdays to receive it. The annual holding cost is 15 % of purchase price. The price RO 2 per kg. The company is operating 6 workdays per week in a 52-week year. At what quantity in kgs you may place a new order? Round-up to the nearest integer Select one: O a. 188 O b. 154 O c. 247 O d. 277 e. None is correct
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