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1.4Use the information provided below to calculate the annual Economic Order Quantity. INFORMATIONThe following details have been supplied by Fuze Limited for one of its

1.4Use the information provided below to calculate the annual Economic Order Quantity. INFORMATIONThe following details have been supplied by Fuze Limited for one of its products:

Sales per month 7 500 units

Carrying costs as a percentage of the unit purchase price 20%

Purchase price per unit Cost of placing an order R100

Cost of placing an order R10

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