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2.2 and 2.3 pls 2.2 Use the following information to calculate the economic order quantity: (5 marks) Puff Adder Distributors purchases 750 snake repellers at
2.2 and 2.3 pls
2.2 Use the following information to calculate the economic order quantity: (5 marks) Puff Adder Distributors purchases 750 snake repellers at R340 each per annum. The snake repellers are sold at R480 each at a steady rate during the year. The cost of placing a single order amounts to R20. Inventory holding cost amounts to R2.50 per unit. 2.3 Use the following information to calculate the cost of not accepting a discount: (5 marks) Reptile Wholesaler's normal credit terms to Puff Adder Distributors are 30 days but is prepared to allow a 4.5% rebate if Puff Adder Distributors pays the account within 15 days Calculate the cost to Puff Adder Distributors of not accepting the discountStep by Step Solution
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