A company, needs 410 kg of a material per month. It costs RO 100 to make and receive an order,
and it takes 12 workdays to receive it, the annual holding cost is 20% of purchase price. The
price RO 2 per kg. The company is operating 6 workdays per week in a 52-week year. What is
the expected time (in weeks) between orders? Round-up to the nearest integer
a. 185
b. 115
c. 100
d. 111
e. None is correct
XYZ Inc. needs 400 kg of a material per month. It costs OMR 100 to make and receive an order,
and it takes 12 workdays to receive it. The annual holding cost is 15 % of purchase price. The
price OMR 1 per kg. The company is operating workdays per week in a 52-week year. At what
level of inventory in Kg should the company be placing orders? Round-up to the nearest integer
