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T ltd use the Economic Order Quantity (EOQ) model. Demand for DSs product is 95,000 units per annum. Demand is evenly distributed throughout the year.
T ltd use the Economic Order Quantity (EOQ) model. Demand for DSs product is 95,000 units per annum. Demand is evenly distributed throughout the year. The cost of placing an order is P15 and the cost of holding a unit of inventory for a year is P3. How many orders should QT ltd make in a year
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Managerial Finance
Authors: Alan Parkinson
1st Edition
0750618264, 978-0750618267
