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CIK Telecom, Saint John, New Brunswick has a perpetual requirement for a carbon processed chips...

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Accounting

CIK Telecom, Saint John, New Brunswick has a perpetual requirement for a carbon processed chips to be used in the manufacturing of a tablet which is required to be imported from Infosys Limited, Jaipur, India. Each purchase order takes up to 12 days to deliver and annual demand for the carbon processed chips is 7,250 items. Cost of each carbon processed chip is $641. The cost of ordering each time is $257 due to high tariffs and duties. Interest rate of Nova Scotia Bank is 4% per annum. Demand for the CIK tablets are not affected by the seasons and festivals and is uniform throughout the year in Atlantic provinces. Question 1 As a Logistics Manager

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