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In November of 202 Marco used an order size for an item of inventory that results in the lowest total inventory cost for the period.
In November of 202 Marco used an order size for an item of inventory that results in the lowest total inventory cost for the period. Screws are purchased in bulks. 9880 screws were manufactured in November 202. Each screw is sold at a price of R19.99. Marco estimated the cost of placing and receiving the screws is R798.00 and the estimated cost of annual cost of carrying the inventory is R8.99 per screw. You are required to: 3.1 Calculate the EOQ for Marble Table Ltd
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