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Question Three Calculate the Annual Economic Order Quantity VW expects to sell approximately 12000 Bugatti cars during 2019. The estimated cost of placing an order

Question Three

Calculate the Annual Economic Order Quantity VW expects to sell approximately 12000 Bugatti cars during 2019. The estimated cost of placing an order for the Bugatti cars are R24. The inventory holding cost of one Bugatti car is R3.

Calculate the annual economic order quantity using the necessary formula?

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