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REQUIRED Calculate the annual economic order quantity from the information provided below. (5 marks) INFORMATION The following details have been supplied by Monthly sales 6
REQUIRED Calculate the annual economic order quantity from the information provided below. (5 marks)
INFORMATION The following details have been supplied by
Monthly sales 6 000 units Carrying costs as a percentage of the unit purchase price 10% Purchase price per unit R50 Cost of placing an order R20
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