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The annual demand of a product sold by Hamza Limited is 400000 units. The product is purchased at a price of R20 per unit. The

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The annual demand of a product sold by Hamza Limited is 400000 units. The product is purchased at a price of R20 per unit. The carrying cost of inventory amounts to 5% of the unit purchase price. The ordering cost is R20 per order. How much is the total annual holding cost based on the EOQ (expressed to the nearest Rand)? A. R4 000 B. R2 000 C. R11 268 D. R100

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