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Rocco's manufactures 1,600 units of product per year. The cost of materials for these products are R40 per unit and the cost of placing and

Rocco's manufactures 1,600 units of product per year. The cost of materials for these products are R40 per unit and the cost of placing and receiving one order is R50. Annual carrying cost is 10% of the inventory value. Calculate the Economic Order Quantity for Rocco's

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