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2.3 REQUIRED Calculate the annual economic order quantity from the information provided below. (5 marks) INFORMATION The following details have been supplied by Yolo Limited

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2.3 REQUIRED Calculate the annual economic order quantity from the information provided below. (5 marks) INFORMATION The following details have been supplied by Yolo Limited for one of its products: Monthly sales 6 000 units Carrying costs as a percentage of the unit purchase price 10% Purchase price per unit R50 Cost of placing an order R20

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