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4.3 The monthly sales of a product sold by Molda Limited are 150 000 units. The purchase price is R16 per unit. The carrying cost

4.3 The monthly sales of a product sold by Molda Limited are 150 000 units. The purchase price is R16 per unit. The carrying cost of inventory amounts to 25% of the purchase price. The ordering cost is R12 per order. Calculate: 4.3.1 Annual economic order quantity (EOQ). (4) 4.3.2 The number of orders that need to be placed annually based on the EOQ. (2) 4.3.3 The total ordering costs and carrying costs

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