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ABC Ltd has an aggregate demand of 1.2 Million units. Each time they place an order there is an ordering cost of shs 1,000, holding
ABC Ltd has an aggregate demand of 1.2 Million units. Each time they place an order there is an ordering cost of shs 1,000, holding cost is shs 100 per unit. Determine:
EOQ
No. of order to be made based EOQ
Total cost of stocks based on the EOQ
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