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Question 6 [8 marks] Question 6.1 (4 marks - 6,5 minutes) Kinders Limited sells 90000 gas cylinders a year. The purchase price of each artwork
Question 6 [8 marks] Question 6.1 (4 marks - 6,5 minutes) Kinders Limited sells 90000 gas cylinders a year. The purchase price of each artwork is R50. The carrying cost is R300. It costs the company R40 to place an order, and the supplier delivery is within 16 days. The company works with an average of 360 days per annum. Calculate the EOQ for the company
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