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5. Josh runs an eCommerce store that sells t-shirts, buying interesting designs in bulk and holding stock at a small warehouse He sells about 1,000

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5. Josh runs an eCommerce store that sells t-shirts, buying interesting designs in bulk and holding stock at a small warehouse He sells about 1,000 t-shirts per year, and calculates that his fixed order cost per purchase order is around P1.50. His holding cost per unit, per year is about P3. Calculate the Economic order quantity for his business (6 marks)

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