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1.5 Calculate the annual economic order quantity (EOQ) from the information provided below. (4 marks) INFORMATION Sasco Traders expects to sell approximately 1 000 boxes

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1.5 Calculate the annual economic order quantity (EOQ) from the information provided below. (4 marks) INFORMATION Sasco Traders expects to sell approximately 1 000 boxes of cereal per month during 2022. The cost of placing an order for cereal is estimated to be R25 and the unit purchase price is R24. The inventory holding cost is 10% of the unit purchase price

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