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1.3 REQUIRED Use the information given below to calculate the most economic quantity to order each time for 2023 (expressed to next whole number). INFORMATION
1.3 REQUIRED Use the information given below to calculate the most economic quantity to order each time for 2023 (expressed to next whole number). INFORMATION (5 marks) Milton Wholesalers expects to sell approximately 3 600 cases of scap per month during 2023. Each case of soap costs R200. The cost of placing an order for soap is estimated to be R20 The inventory holding cost of one case of soap is 5% of the unit purchase price. 1.3 REQUIRED Use the irformation givan beicw to caiculate the most aconomic quantity to order each time for 2023 (expressad to naxt whole numbar). (5 marks) INFORMATION Nittan Whalasalers expects to sall approximately 3600 cases of scep per ment durin 20e3. Each case af soap costs R200. The cost of placing an crdar for soap is estirmatad to be R2O. The inventory holeing cost of ane case of soep is 5% of the unit purchese price
1.3 REQUIRED Use the information given below to calculate the most economic quantity to order each time for 2023 (expressed to next whole number). INFORMATION (5 marks) Milton Wholesalers expects to sell approximately 3 600 cases of scap per month during 2023. Each case of soap costs R200. The cost of placing an order for soap is estimated to be R20 The inventory holding cost of one case of soap is 5% of the unit purchase price.
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