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Diski Diski Ltd expects to order 123,500 blank disks as processing inventory during the coming year and plans to will use this inventory at a
Diski Diski Ltd expects to order 123,500 blank disks as processing inventory during the coming year and plans to will use this inventory at a constant rate. Fixed ordering costs are estimated at R250 per order; the purchase price per blank disk is R35; and the firm's inventory carrying cost is equal to 25% of the purchase price. (Assume a 365-day year.) REQUIRED 2.1 Determine the firm's approximate economic ordering quantity (EOQ) for their blank disks
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