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A company uses 1,200 units per month of an electronic component each costing RO 2. Placing each order costs RO 50 and the carrying cost

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A company uses 1,200 units per month of an electronic component each costing RO 2. Placing each order costs RO 50 and the carrying cost is 6% per year of the average inventory. (i) Find EOQ. (ii) If the company gets 5% discount if it places single order, should they accept the discount offer

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