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Safari Plc has total stock carrying costs of 10,000 per annum. Stock is consumed evenly throughout the year and no safety stock is carried. The
Safari Plc has total stock carrying costs of 10,000 per annum. Stock is consumed evenly throughout the year and no safety stock is carried. The company operates an EOQ policy and its EOQ quantity is 2,000 units.
Based on this information, what is the company's carrying cost per unit per annum?
2.50 | ||
None of these answers are correct | ||
10 | ||
5 |
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