Post Utme Lautech 2024 Commerce Question 5
Practice objective / multiple choice question 5 from the 2024 Post Utme Lautech Commerce examination.
A company's warehousing system uses the following formula to calculate the optimal storage capacity: ( S = sqrt{ rac{2D}{h}} ), where S is the optimal storage capacity, D is the demand rate, and h is the holding cost. If the demand rate is 1000 units per month and the holding cost is ₦50 per unit per month, what is the optimal storage capacity?
Answer Options
About This Question
This is Post Utme Lautech 2024 Commerce Question 5. It is one of the objective questions from the 2024 Post Utme Lautech Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.