We have that
47 ml
we know that
1 lt------------> 1000 ml
X lt -------------> 47 ml
X=47/1000--------> x=0.047 lt
the answer is the option
D: 0.047 L
The ordering-quantity that should be recommended will be 117 units.
<h3>How to calculate the order quantity?</h3>
The following can be deduced from the information given:
Demand = 679
Ordering cost = 7
Holding cost = 10%
Ordering quantity will be:
= ✓(2 × Demand × Ordering cost / Holding cost)
= ✓(2 × 679 × 7/0.1)
= ✓13580
= 116.53
= 117
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It looks like Brenda did since Michael forgot to take out the parenthesis<span />
