Question
CALCULATE THE BELOW INFORMATION Monthly sales of West Ham Limited is 4 400 units at R150 a unit. The purchase price is R90 per unit.
CALCULATE THE BELOW INFORMATION Monthly sales of West Ham Limited is 4 400 units at R150 a unit. The purchase price is R90 per unit. The carrying cost amounts to 10% of the purchase price and the ordering cost is R62 per order. INFORMATION Monthly sales of West Ham Limited is 4 400 units at R150 a unit. The purchase price is R90 per unit. The carrying cost amounts to 10% of the purchase price and the ordering cost is R62 per order. 2.2.1 Calculate the Economic order quantity (EOQ) 2.2.2 Calculate the Number of orders that need to be placed for the year
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