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kindly assist REQUIRED Use the information provided below to calculate the following: 2.1.1 Economic Order Quantity (3 marks) 2.1.2 The number of orders that need
kindly assist
REQUIRED Use the information provided below to calculate the following: 2.1.1 Economic Order Quantity (3 marks) 2.1.2 The number of orders that need to be placed each year (2 marks) 2.1.3 Total ordering costs and carrying costs. (4 marks) INFORMATION The average monthly demand for Product Vin sold by Eastgate Traders is 30000 units. The carrying cost per unit of inventory amounts to R10. The ordering cost is R20 per orderStep by Step Solution
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