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2.2 REQUIRED Use the information given below to calculate the quantity that will minimise the total ordering and storage costs during 2024. INFORMATION (5

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2.2 REQUIRED Use the information given below to calculate the quantity that will minimise the total ordering and storage costs during 2024. INFORMATION (5 marks) Kip Enterprises intends purchasing 2 000 units of product Yogo per week during 2024 at R52 per unit. The following additional costs are incurred: Ordering cost R25 per order Stockholding cost 10% of the unit purchase price

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