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QUESTION TWO Tubelenge Bookstore is attempting to determine the optimal order quantity for a popular book on financial management. The store sells 5,000 copies of
QUESTION TWO Tubelenge Bookstore is attempting to determine the optimal order quantity for a popular book on financial management. The store sells 5,000 copies of this book a year at a retail price of K125, and the cost to the store is 20 percent less, which represents the discount from the publisher. The store figures that it costs K10 per year to carry a book in inventory and K1,000 to prepare an order for new books. Assuming a year of 360 days. Required . Calculate the optimal stock order level - Calculate the number of orders per year - Calculate the stock cycle
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