Multiple Choice
Which of the following is the correct mathematical expression to calculate annual relevant ordering costs?
A) Demand in units for a specified period / (Relevant ordering cost per purchase order × Size of each order)
B) Size of each order × Relevant ordering cost per purchase order / Demand in units for a specified period
C) (Demand in units for a specified period / Size of each order) × Relevant ordering cost per purchase order
D) (Demand in units for a specified period - Size of each order) × Relevant ordering cost per purchase order
Correct Answer:
Verified
Correct Answer:
Verified
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