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 year Lancelot uses 2400 sacks. The cost per sack is GHC190. It costs GHC300 to place an order whiles the special storage costs are GHC16 per sack. What must be the optimal order quantity? A. 200 units
B. 300 units
OC. 400 units
D. 500 units
B. 300 units
OC. 400 units
D. 500 units