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 6:42 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
A. 2
B. 4
C. 6
D. 8