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Cik Dah's sells 1,300 fancy cupcakes a year during the last MCO at an average price per cupcake of RM500. The carrying cost per unit

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Cik Dah's sells 1,300 fancy cupcakes a year during the last MCO at an average price per cupcake of RM500. The carrying cost per unit is RM15.50. The company orders 60 fancy cupcakes at a time and has a fixed order cost of RM16 per order. What is the economic order quantity? Answer 100 units 50.19 units 11.13 units 51.81 units

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