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Determine the average inventory

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Q1. The expected annual usage of a particular material is 540,000 units, and standard order size is 36,000 units. The invoice cost each is P900, and the ordering cost per order is P240. Assuming the company does not maintain safety stock, the average inventory is;

A. 18,000 units

B. 30,000 units

C. 22,500 units

D. 45,000 units

Q2. The total ordering cost from the above is

A. P3,600

B. P13,500

C. P8,640,000

D. P17,100

Reference no: EM133061578

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