Lancelot plc uses a certain material named “LANCE” in manufacturing its products. The materials are sold in sacks and fo
Posted: Wed May 04, 2022 6:40 am
Lancelot plc uses a certain material named “LANCE” in
manufacturing its products. The materials are sold in sacks and for
the quarter Lancelot uses 1200 sacks. The cost per sack is GHC95.
It costs GHC150 to place an order whiles the special storage costs
are GHC4 per sack. How many orders can the company place in the
year using the optimal size?
A. 2
B. 4
C. 6
D. 8
manufacturing its products. The materials are sold in sacks and for
the quarter Lancelot uses 1200 sacks. The cost per sack is GHC95.
It costs GHC150 to place an order whiles the special storage costs
are GHC4 per sack. How many orders can the company place in the
year using the optimal size?
A. 2
B. 4
C. 6
D. 8