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marks) Question 2 A factory requires 4000 units of certain material for a year Cost of carrying one unit of this material is OMR 2

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marks) Question 2 A factory requires 4000 units of certain material for a year Cost of carrying one unit of this material is OMR 2 per annum and it is estimated that the expenses of placing an order and receiving would be OMR 20. Calculate (1) Economic Order Quantity (11) Number of orders per year (2 marks)

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