$3\mathrm{.}2$

REQUIRED

Use the information provided below to calculate the Economic Order Quantity for $2025.$

$(4$ marks$)$

INFORMATION

Simplex Limited anticipates sales of $7500$ units per month for $2025,$ a purchase price of R$21\mathrm{.}60$ per unit, order cost of R$12$ per order and a carrying cost of $10\%$ of the unit cost price.