cory Management - Spring21 Time left 1:06:52 XYZ Inc. needs 400 kgs of a material per month. It costs OMR 100 to make and receive an order, and it takes 10 workdays to receive it. The annual holding...

Extracted text: cory Management - Spring21 Time left 1:06:52 XYZ Inc. needs 400 kgs of a material per month. It costs OMR 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 OMR 2 per kg. The company is operating 6 workdays per week in a 52-week year. At what level of inventory in Kgs should the company be placing orders? Round-up to the nearest integer O a. 188 O b. 277 C. 247 d. 154 O e. None is correct PAGE NEXT PAGE