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Remaining Time: 24 minutes, 09 seconds. Question Completion Status: Question 6 12 points Save Answer You have just been appointed as the cost accountant at
Remaining Time: 24 minutes, 09 seconds. Question Completion Status: Question 6 12 points Save Answer You have just been appointed as the cost accountant at the new manufacturing company. The manager would like you to ensure that the company doesn't run out of stock. The company operates for 40 weeks in a year. You were provided you with the following information: Maximum lead time 8 weeks Minimum lead time 6 weeks Cost of placing an order R200 Cost price per unit R50 Holding cost R20 Maximum usage 4000 units per week Minimum usage 1000 units per week Normal usage 1800 units per week Fill in the blanks in the template below to complete the calculations as required. Note: do not write 'R', or or leave any spaces in your answer. Your answer must be digits only, e.g. 1000 The economic order quantity 13:09 20C Sunny ^ 4) ENG 2022/04/28 FLEN JW hp Fill in the blanks in the template below to complete the calculations as required. Note: do not write 'R', or "," or leave any spaces in your answer. Your answer must be digits only, e.g. 1000 The economic order quantity The total number of orders per annum The total ordering cost per annum The average inventory The total holding cost per annum The reorder level Question 6 of 6 Click Submit to complete this assessment
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