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estimated the ordering cost as Shs. 50 per order and holding costs as 12.5% of average inventory value. The total cost is estimated as Shs.

estimated the ordering cost as Shs. 50 per order and holding costs as 12.5% of average inventory value. The total cost is estimated as Shs. 500. Find the; i) Value of N. (4 marks) ii) Optimal order si...

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