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Louisa Ltd sells 2,000units of product X each year.It has been estimated that the cost of holding one unit of a product for a year
Louisa Ltd sells 2,000units of product X each year.It has been estimated that the cost of holding one unit of a product for a year is $4.The cost of placing and order for stock is estimated at $25.You are required to calculate the Economic Order Quantity and determine the number of times to order for product X
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