. The purchasing manager of a manufacturing company suspects that it is not buying a
particular part in the most economic way. A financial analysis shows that:
i) each item costs £4.13
ii) the annual stock holding costs are 15% of the price paid
iii) each order costs £43 to place (including follow up)
iv) the average annual demand is 8000 components
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Explanation:
Carbon dioxide is a colorless gas with a density about 53% higher than that of dry air. Carbon dioxide molecules consist of a carbon atom covalently double bonded to two oxygen atoms. It occurs naturally in Earth's atmosphere as a trace gas
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