Calculate number of beers that Green Lantern should request

Reference no: EM132651113

Question - Green Lantern, a pub & grill estimates that it will sell 10 000 beers per year which it will purchase from a distributor in Luanshya. A beer costs K18.00 to purchase and K2.00 in freight charges each. The company borrows funds at 9 % interest rate to finance inventories. Green Lantern's purchasing agent has calculated that it costs K50.00 to place an order for beers and that the handling is K3.00 for each beer.

Required - Calculate the number of beers that Green Lantern should request in each order.

Reference no: EM132651113

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